ICD Code of Conduct
By joining the ICD, each member undertakes and agrees:
1. to conduct themselves in a manner that supports the Mission of the
ICD: to enhance the practice of good governance of private, public,
not-for-profit and other organizations in Canada;
2. to comply with:
a) all laws and regulations applicable to the organizations on which
they serve;
b) the written codes of conduct of all organizations with which they
are associated; and
c) the codes of conduct and the standards of all professions and
associations to which they belong;
3. that they:
a ) have not been found guilty in any criminal or similar proceeding
of fraud, market manipulation, fraudulent misrepresentation, insider
trading or other similar offence;
b) have not been subject to any penalties or sanctions imposed by a
court, regulatory, administrative or self-regulatory body for conduct
while acting in the capacity of director or officer of any corporation
or in a similar capacity on behalf of any other organization except as
disclosed below:
or
c) are not aware of any alleged conduct that might lead to the
consequences in (a) or (b) above;
4. to notify the ICD as soon as practicable if any of the events
described in paragraph (3) above occur subsequent to joining the ICD and
during the term of ICD membership;
5. to comply with the Terms and Conditions applicable to members of
the ICD; and
6. that the ICD has the discretion to refuse membership in the ICD to
any person, and to revoke the membership in the ICD of any person, in
appropriate circumstances, including where there has been a breach of
this ICD Code of Conduct.
Download the ICD Code of Conduct (PDF format)
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Governance in Action
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well-governed organizations look like? Visit our Governance Practices section where we have
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