The Housing Bank for Trade & Finance (HBTF) Employees & Directors should be aware of the Laws & Regulations applicable to the Company. HBTF International Branches & Subsidiaries should adhere to and comply with the Laws & Regulations set by the national regulatory/supervisory authorities applicable to our head office and in the jurisdictions where they operate.
Training is conducted periodically to ensure our managers & staff are familiar with these Laws & Regulations, and understand their responsibility for promoting compliance among their staff members.
Management and Directors of HBTF, recognize the importance of sound and effective corporate governance. Our Corporate Governance Guidelines, together with the charters of our Board Committees, the Company's Bylaws and Certificate of Incorporation, are key elements of the structure by which the Company is governed, and provide the authority and practices for governance of the Company.
Our Code of Conduct provides the framework for maintaining the highest possible standards of professional conduct among all employees and directors. The Code is a statement of the values and ethical standards to which the Company requires its employees and directors to adhere.
Through the principles and practices mandated in these documents, we conduct an honorable and profitable business for the long-term benefit of our constituencies.
HBTF USA Patriot Act Certification:
Pursuant to the USA PATRIOT Act and final rules issued by the U.S. Department of the Treasury, a U.S. bank or a U.S. broker-dealer in securities (a "Covered Financial Institution") is required to obtain certain information from any "Foreign Bank" that maintains a correspondent account with it.
As permitted by the final rules, The Housing Bank for Trade & Finance "HBTF", has prepared a Global Certificate for use by any financial institution that believes it requires a USA PATRIOT Act Certificate from any of HBTF members, for example, an overseas branch of HBTF.
Please use this Certificate in preference to requesting individual HBTF members to complete a separate Certificate. If the particular HBTF member that maintains a correspondent account with your institution is not listed in our Certificate, or if you have any questions with regard to this Certificate, please advise us by e-mailing our Compliance Department at : ComplianceDepartment@hbtf.com.jo
Please click below for the HBTF Global Certificate regarding Correspondent Accounts for HBTF, and other subsidiaries maintaining correspondent bank accounts with Covered Financial Institution.