Government of the United States Virgin Islands v. JPMorgan Chase Bank, N.A., No. 122-cv-10904 (S.D.N.Y. 2022)/326-53.pdf

EXHIBIT 53 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 1 of 35 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 2 of 35 May 2010 CODE OF CONDUCT JPl\fORGAN (~Hl\.SE & Co. Confidential JPM-SDNYLIT-00275091 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 3 of 35 Confidential JPM-SDNYLIT-00275092 Case 1:22-cv-10904-JSR Document 326-53 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. JPM-SDNYLIT-00275093 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 5 of 35 Confidential JPM-SDNYLIT-00275094 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 6 of 35 TABLE OF CONTENTS 1. ADM[N[STRATION OF THE CODE OF CONDUCT ........................................................................ 1 1. 1. Persons subject to the Code of Conduct.. ...................................................................................... 1 1.2. Consultants, agents and temporary workers .................................................................................. 1 1.3. Consequences of violating the Code ............................................................................................. 2 1.4. Questions about the Code .............................................................................................................. 2 1.5. Obligation to report violations ...................................................................................................... 3 1.6. Current version of the Code .......................................................................................................... 5 1. 7. Training and Affirmation .............................................................................................................. 5 2. DIVERSITY ........................................................................................................................................... 5 3. CONFCDENTIAL INFORMATION, PUBLIC COMMUNICAT[ON, AND DATA PRIVACY ......... 6 3.1. Information about the finn, its customers, its employees, and others ........................................... 6 3.2. Prior employer's confidential information and trade secrets ........................................................ 7 3.3. Special rules regarding customer information, personal information and data privacy legislation .................................................................................................................. 7 3.4. Publications, speeches, internet postings, and other communications relating to JPMorgan Chase's business ............................................................................................................................ 7 4. INSIDE INFORMATION AND THE POLICY ON INFORMATION BARRIERS ............................ 8 4.1. Inside Information ......................................................................................................................... 8 4.2. The Policy on Information Barriers and other restrictions on sharing information ...................... 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 ......................................................................... 10 5.5. Limits of your authority .............................................................................................................. 11 5.6. Business relationships ................................................................................................................. 11 5.6.1. Fair dealing; respect for human rights ........................................................................... 11 5.6.2. Customer, supplier, and employee relationships ........................................................... 11 5.7. Money laundering and the USA PATRIOT Act ......................................................................... 12 5.8. Conduct with competitors; 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 Confidential JPM-SDNYLIT-00275095 Case 1:22-cv-10904-JSR Document 326-53 Filed 09/08/23 Page 7 of 35 6.4. Political Activities ....................................................................................................................... 16 6.4.1. Political campaign activities and contributions by employees ...................................... 16 6.4.2. Political contributions and related activities by JPMorgan Chase ................................. 1 7 6.5. Accepting gifts, meals, and entertainment from customers, suppliers, and others doing business or seeking to do business with JPMorgan Chase ......................................................................... 18 6. 5 .1. What you may accept ..................................................................................................... 18 6.5.2. What you may not accept ......................................