The Ethics Commission is established in the IFSC Statutes, Article 35 in bold at the beginning of the paragraph.

The Ethics Commission intends to protect and encourage ethical values in all IFSC. The Ethics Commission addresses issues referred to it by the IFSC President. It can also propose issues for consideration to the IFSC President or the IFSC Executive Board following information received directly or indirectly.

The Ethics Commission will consider cases resulting from a breach of the IFSC Code of Conduct or Charter and elected members of the IFSC. They can recommend action to the IFSC President, who may address the Disciplinary Commission.

The current composition of the Commission is as follows: