Indian CFA Code of Conduct
CFAC (Indian Council of Chartered Financial Analysts) is a registered society with the Indian government seeking to regulate the profession of financial analysts in India but, unlike ICAI or ICSI or ICWAI, is not a statutory body. The CFA charter is only a certification from ICFAI apprising the public at large of the CFAs competence for Financial and Investment analysis.
The Code of Conduct covers:
1. Integrity: A CFA shall conduct him/herself with integrity and dignity in his dealings with the public, clients, customers, employers, employees, professionals and fellow analysts.
2. Ethical Behavior: A CFA shall conduct himself and shall encourage others to practice the financial analysis profession in a professional and ethical manner that will reflect credit on himself and his profession and his organization/employer where or for whom he is working.
3. Professional Competence: A CFA shall act with competence and shall strive to maintain and improve his competence and that of others in the profession.
4. Objectivity: A CFA shall be fair in his dealings and must not be biased or prejudiced. He shall try to maintain objectivity and impartiality towards one and all.
5. Professional Independence: A CFA shall use proper care and exercise independent professional judgment in all his professional activities.
6. Public Trust: A CFA shall assume the basic responsibility to place the interest of clients, prospective clients and employers ahead of his own. He shall seek to enhance public confidence in his profession.
The CFA Council has put in place a suitable mechanism to enforce the Code of Ethics and Standards of Professional Conduct.
Read more about this topic: Indian CFA
Famous quotes containing the words indian, code and/or conduct:
“As the Americans slaughter millions of turkeys every year for the celebration of their deliverance, the Indians, who should be celebrated as saviors, have long been slaughtered. There was even a time when a white man was paid a very decent price for every Indian scalp he could produce.”
—Friedrich Dürrenmatt (1921–1990)
“... the self respect of individuals ought to make them demand of their leaders conformity with an agreed-upon code of ethics and moral conduct.”
—Mary Barnett Gilson (1877–?)
“Those who were skillful in Anatomy among the Ancients, concluded from the outward and inward Make of an Human Body, that it was the Work of a Being transcendently Wise and Powerful. As the World grew more enlightened in this Art, their Discoveries gave them fresh Opportunities of admiring the Conduct of Providence in the Formation of an Human Body.”
—Joseph Addison (1672–1719)