Chapter 1: 'Ethics and Integrity in Financial Services'

Question 1

State the code of conduct

Answer 1

• Open
• Honest
• Transparent
• Fair

Question 2

What is being ‘honest’?

Answer 2

• Being truthful about your actions or decision with everyone involved

Question 3

What is being ‘open’?

Answer 3

• Is everyone effected by my action or decision aware of the consequences

Question 4

What is being ‘transparent’?

Answer 4

• Being clear and not misleading to any party involved in reaching my decision

Question 5

What is being fair?

Answer 5

• Have I made sure that my action or decision will not result in any party being unknowingly disadvantaged