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Town of New Scotland ETHICS LAW (Local Law 4 of 2010) The attached Ethics Law is a Compilation of Local Law 4 of 2010, adopted in June 2010, as amended through December 2013 Adopted Amended Amended
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How to fill out a model code of ethics:

01
Start by reviewing the purpose of the code of ethics. Understand the values, principles, and guidelines that should be reflected in the code.
02
Determine the scope of the code. Identify the stakeholders who will be impacted by the code and determine if it applies to a specific department, organization, or industry.
03
Conduct research on existing code of ethics from similar organizations or industries. Analyze their strengths and weaknesses to gain insights on what to include in your own code.
04
Collaborate with a diverse group of individuals who will help develop the code. This may include executives, employees, legal experts, and other relevant stakeholders.
05
Define the values and principles that should guide ethical behavior within your organization. These may include honesty, integrity, transparency, equality, and respect.
06
Create clear and actionable guidelines that address specific ethical issues relevant to your organization or industry. This may include guidelines for conflicts of interest, professional conduct, privacy, and compliance with laws and regulations.
07
Draft the code using clear and concise language. Ensure it is easily understandable by all employees and stakeholders.
08
Incorporate feedback from key stakeholders. Seek their input and make necessary revisions to improve the code.
09
Obtain approval from senior management or the appropriate governing body before finalizing the code.
10
Implement a comprehensive communication plan to ensure all employees are aware of the code of ethics and understand their roles and responsibilities in upholding it.

Who needs a model code of ethics:

01
Organizations: Model codes of ethics are necessary for organizations of all sizes and types. They provide a framework for ethical behavior and promote a positive culture within the organization.
02
Employees: Model codes of ethics help employees understand the expected standards of conduct and guide their decision-making processes in ethical dilemmas.
03
Customers and clients: Having a model code of ethics instills trust and confidence in customers and clients, as it demonstrates the organization's commitment to ethical business practices.
04
Shareholders and investors: A model code of ethics reassures shareholders and investors that the organization is committed to operating with integrity and that their investments are being managed responsibly.
05
Regulatory bodies: Regulatory bodies often require organizations to have a code of ethics in place to ensure compliance with laws and regulations.
06
Society at large: A model code of ethics helps organizations contribute positively to society, promoting fairness, social responsibility, and sustainable practices.
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Model code of ethics is a set of guidelines and standards that outline expected behavior for individuals within an organization.
Certain employees, officers, and directors of an organization may be required to file model code of ethics.
Individuals must review the guidelines and standards outlined in the model code of ethics and ensure compliance with them.
The purpose of model code of ethics is to promote ethical behavior, integrity, and transparency within an organization.
Information such as conflicts of interest, gifts received, and financial interests must be reported on model code of ethics.
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