Ethics in finance

The principles of ethical behaviour in Finance

The Financial Sector is guided by a set of principles that aim to ensure that people act ethically when making decisions. Principles may vary in different industries within the sector, however it is important to uphold general principles, such as:

Integrity: Preserving honesty when participating in financial engagements.
Fiduciary Duty: Making decisions, using the best interests of clients and prioritizing them in respect to their financial state.
Transparency: Distributing correct and clear material to all, thus advocating for openness in engagements within the financial sector.
Accountability: Owning responsibility for all financial decisions, acknowledging obligation for both success and failure.
Fairness: Supporting impartiality and equitable treatment towards all financial parties.
Confidentiality: Safeguarding sensitive information of potential clients and respecting their privacy.
Compliance: Following expected regulatory and legal standards, whilst upholding the highest ethical standards.
Professionalism: Showing capability, but respect in all professional interactions.
Conflicts of Interest Avoidance: Identifying and managing situations where personal interests may conflict with professional obligations.