Government of the United States Virgin Islands v. JPMorgan Chase Bank, N.A., No. 122-cv-10904 (S.D.N.Y. 2022)/326-51.pdf

EXHIBIT 51 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 1 of 35 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 2 of 35 FEBRUARY 2007 CODE OF CONDUCT JPMorganChase • 418695 v1 Confidential JPM-SDNYLIT-00275020 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 3 of 35 Confidential JPM-SDNYLIT-00275021 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 4 of 35 Confidential INTRODUCTION Our integrity and reputation depend on our ability to do the right thing, even when it's not the easy thing. The Code of Conduct is a collection of rules and policy statements intended to assist employees and directors in making decisions about their conduct in relation to the firm's business. The Code is based on our fundamental understanding that no one at JPMorgan Chase should ever sacrifice integrity --or give the impression that they have --even if they think it would help the firm's business. Each of us is accountable for our actions, and each of us is responsible for knowing and abiding by the policies that apply to us. Managers have a special responsibility, through example and communication, to ensure that employees under their supervision understand and comply with the Code and other relevant policies. You can look to the Code of Conduct to guide your decisions in a variety of circumstances. However, no rulebook can anticipate every situation. Ultimately, the personal integrity and honesty of every JPMorgan Chase employee define the character of our company. Never underestimate the importance of your own ethical conduct to the business and success of JPMorgan Chase. 418695 v1 JPM-SDNYLIT-00275022 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 5 of 35 Confidential JPM-SDNYLIT-00275023 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 6 of 35 TABLE OF CONTENTS 1. ADMINISTRATION OF THE CODE OF CONDUCT ................................................................... l 1.1. Persons subject to the Code of Conduct ................................................................................. 1 1.2. Consultants, agents and temporary workers ............................................................................ 2 1.3. Consequences of violating the Code ...................................................................................... 2 1.4. Questions about the Code ..................................................................................................... 2 1.5. Obligation to report violations .............................................................................................. .4 1.6. Current version of the Code .................................................................................................. 6 1.7. Affirmation .......................................................................................................................... 6 2. DIVERSITY ................................................................................................................................ 6 3. CONFIDENTIAL INFORMATION .............................................................................................. 6 3.1. Jnformation about the firm, its customers, its employees, and others ........................................ 6 3.2. Prior employer's confidenfal information and trade secrets .................................................... 7 3.3. Special rules regarding customer information and data privacy legislation ............................... 7 3.4. Publications, speeches, and other communications relating to JPMorgan Chase's business ........ 8 4. INSIDE INFORMATION AND THE CHINESE WALL POLICY .................................................. 8 4.1. Inside Information ................................................................................................................ 8 4.2. The Chinese Wall policy and other information barriers .......................................................... 9 5. OTHER BUSINESS CONDUCT ................................................................................................... 9 5.1. Assets of the firm ................................................................................................................. 9 5.2. Intellectual property ........................................................................................................... 10 5.3. Telephones, e-mail, internet, and other electronic communications devices ............................ 10 5.4. Internal controls, record-keeping, and reporting ................................................................... 11 5.5. Limits of your authority ...................................................................................................... 11 5.6. Business relationships ........................................................................................................ 11 5.6.1. Fair dealing ........................................................................................................... 11 5.6.2. Customer, supplier, and employee relationships ....................................................... 11 5.7. Money laundering and the USA PATRIOT Act.. ................................................................. 12 5.8. Tying of products ............................................................................................................... 12 5.9. Bribery and the Foreign Corrupt Practices Act ..................................................................... 12 5.10. International boycotts and economic sanctions ..................................................................... 12 5.11. Post-employment responsibilities ........................................................................................ 13 5.12. Other professional obligations of some employees ............................................................... 13 6. OUTSIDE ACTIVITIES, GIFTS, AND OTHER POTENTIAL CONFLICTS OF INTEREST ........ 13 6.1. Personal relationships ......................................................................................................... 13 6.2. Personal finances ............................................................................................................... 14 6.3. Outside business and not-for-profit activities; outside employment ........................................ 14 6.3.1. General ................................................................................................................. 14 6.3.2. Required pre-clearance of outside activities ............................................................. 15 6.4. Political Activities .............................................................................................................. 16 6.4.1. Political campaign activities and contributions by employees .................................... 16 418695 v1 Confidential JPM-SDNYLIT-00275024 Case 1:22-cv-10904-JSR Document 326-51 Filed 09/08/23 Page 7 of 35 6.4.2. Political contributions and related activities by JPMorgan Chase ............................... 17 6.5. Accepting gifts, meals, and entertainment from customers, suppliers, and others doing business with JPMorgan Chase ......................................................................................................... 17 6.5.1. What you may accept. ............................................................................................ 18 6.5.2. What you may not accept ....................................................................................... 19 6.5.3. Approval of nonconforming gifts ............................................................................ 20 6.5.4. Required reporting of gifts ...................................................................................... 20 6.6. Providing gifts, meals or entertainment.. ...............