Code of Ethics and Standards of Professional Conduct

PREAMBL E

The Code of Ethics

• Act in an ethical manner
• Integrity is paramount and clients always come first
• Use reasonable care and be independent
• Be a credit to the investment profession
• Uphold capital market rules and regulations
• Be competent

Standards of Professional Conducts

•  I: Professionalism
• II: Integrity of Capital Markets
• III: Duties to Clients
• IV: Duties to Employers
• V: Investment Analysis, Recommendations and Actions
•  VI: Conflict of Interest
• VII: Responsibilities as a CFA Institute Member or CFA Candidate

• Reasons for creation
• Parties affected
• Composites: construction and purpose
• Verification: purpose and requirements
• GIPS objectives
• Key Characteristics
• Claim of compliance
• Firm definition and historical record
• Firm’s fundamental responsibilities
• Countries with existing standards
•  Eight Major Sections