Shared Flashcard Set

Details

FRM - Schweser - Topic 8
GARP Code of Conduct
4
Finance
Professional
04/10/2010

Additional Finance Flashcards

 


 

Cards

Term

The GARP code of conduct stresses ethical behaviour in which two areas?

 

What does each section address?

Definition

- Principles

--- Professional integrity and ethical conduct

--- Conflicts of interest

--- Confidentitality

 

 

- Professional standards

--- Fundamental responsibilities

--- Adherence to generally accepted practices in risk management

Term
If the GARP code and laws conflict then what takes priority?
Definition
the laws and regulations take priority
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