The Bank would adhere to sound banking practices. It is fully committed to abide by the generic global corporate governance principles and models. The Articles of Agreement establishing the Bank define the necessary and appropriate levels of responsibility within the Bank for accountability, checks and balances on its activities. Its Charter also strictly forbids having any association with an entity or individual considered to be engaged in money laundering, fraud, corruption or criminal activities. The Bank’s corporate governance policy, codes of conduct and staff regulations outline the principles and practices that would be followed in the operation of the Bank. The Bank would strictly enforce all measures to prevent fraud and corruption. The Bank, as a policy, would not work with any institution or an individual who is involved in any illegal, immoral or unlawful activity.