Essay on Free Cfa Mind Maps Level1

5885 Words Feb 1st, 2015 24 Pages
All CFA Institute members and candidates are required to comply with the Code and Standards
Basic structure for enforcing the Code and Standards The CFA Institute Bylaws primary principles Based on two Fair process to member and candidate Confidentiality of proceedings

Rules of Procedure

Maintains oversight and responsibility The CFA Institute Board of Governors Through the Disciplinary Review Committee (DRC) Is responsible for the enforcement of the Code and Standards Conducts professional conduct inquiries

Structure of the CFA Institute Professional Conduct Program

Professional Conduct program (PCP) The CFA Designated Officer Selfdisclosure An inquiry can be prompted by several circumstances

Directs professional conduct
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Professionalism Integrity of Capital markets Duties of Clients Duties to Employers Investment analysis, Recommendations & Actions Conflict of interest Responsibilities as a CFA Institute member or CFA Candidate

Seven Standards of Professional Conduct

1. Code Of Ethics And Standards Of Professional Conduct - CFA Mind Map Level 1 - 2014 - Copyright by BL Kate



Understand and comply with applicable laws and regulations Code and Standards vs. Local law Follow stricter law and regulation

Responsible for violations in which they knowingly participate or assist Dissociate from illegal, unethical activities Leave employers (in extreme case)


Attempt to stop the behavior by bringing it to the attention of employer through a supervisor or compliance department Participation or association with violations by others Intermediate steps May consider directly confronting the involved individuals If not successful,--> step away and dissociate from the activity by Removing their name from written reports Asking for a different assignment

A. Knowledge of the law

Inaction with continued association may be construed as knowing participation Not required reporting violations to government, CFAI, but advisable in some cases or required by laws in others Stay informed Review procedures Members and candidates Maintain current files

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