Code of Conduct: our foundation for success
To my teammates:
Every day, we work hard to drive responsible growth, helping our customers and clients live their financial lives by connecting them to all our capabilities. Core to our approach to responsible growth is doing it the right way – focused on the client and managing risk well. That means operating with integrity.
Based on our company’s values, the Code of Conduct is our guide to putting those values into action. We are each required annually to review, acknowledge and understand our Code of Conduct. Thank you for upholding our ethical standards and commitment to our values in all you do every day for our customers, clients, teammates and communities.
Brian T. Moynihan
Chief Executive Officer
Bank of America
Code of Conduct Disclosure
Bank of America Corporation periodically updates the Bank of America Code of Conduct (the "Code") applicable to all employees, including our principal executive officer, principal financial officer and principal accounting officer under SEC rules.
On January 13, 2020, several updates were made to the Code, including incorporating our human rights statement and approach to managing conduct across the company; and expanding our conduct expectations related to social media and personal relationships among employees. Furthermore, a section was added outlining the requirement for employees to disclose certain incidents with law enforcement. Other sections of the Code, including conflicts of interest, electronic communications, restrictions on securities transactions, and discrimination and harassment were also updated to provide additional clarity.
On January 15, 2019, several updates were made to the Code, including matters related to the applicability of the Code, the applicability of the fair dealing and responsibilities section, additional guidance related to personal relationships among employees and protecting Bank of America’s property and assets. The Code was also updated to provide additional clarity on the use of electronic communications and personal borrowing and lending.
The above summary of updates to the Code is qualified in its entirety by reference to the full text of the Code.