345. The function of the board of ethics and professional conduct is to(1) see to the independence and impartiality of the inspection and audit services;
(2) ensure that the rules of ethics and professional conduct it adopts are observed;
(3) intervene at the request of the board of directors or the board of supervision of a credit union to resolve a situation of conflict of interest;
(4) perform any mandate concerning ethics or professional conduct entrusted to it by the board of directors;
(5) advise the board of directors to take any decision to implement, apply and review the policies and orientations of the federation, particularly the arrangements made for protecting the interests of the federation and its members.