12 CFR §336.7
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)Each employee is responsible for being familiar with and complying with the provisions of this part.
- (b)The Ethics Counselor shall provide a copy of this part to each new employee within 30 days of initial appointment.
- (c)An employee who believes that he or she may not be in compliance with the minimum standards provided under § 336.5(a)(1) through (4), or who receives a demand letter from the FDIC for any reason, shall make a written report of all relevant facts to the Ethics Counselor within ten (10) business days after the employee discovers the possible noncompliance, or after the receipt of a demand letter from the FDIC.
- (d)The Ethics Counselor shall provide guidance to employees regarding the appropriate statutes, regulations and corporate policies affecting employee's ethical responsibilities and conduct under this part.
- (e)The Ethics Counselor shall provide the Personnel Services Branch with notice of an employee's noncompliance.