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There
are 12 CFA Associations in various cities across India. The
CFA fraternity in India has over 7,000 members. The ICFAI University,
Tripura has recently established The CFA Council as a constituent
body for the development and regulation of the CFA Profession on
sound ethical lines. All the CFAs from the ICFAI University,
Tripura are eligible to become members of CFAC. All members are
required to abide by the code of ethics of CFAC.
The
Code of Conduct covers, inter alia, the following aspects:
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Integrity: A CFA shall conduct himself* with integrity and dignity
in his dealings with the public, clients, customers, employers,
employees, professionals and fellow analysts.
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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.
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Professional Competence:
A CFA shall act with competence and shall
strive to maintain and improve his competence and that of others
in the profession.
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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.
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Professional Independence: A CFA shall use proper care and
exercise independent professional judgement in all his
professional activities.
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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 will put in place a suitable mechanism to enforce
the Code of Ethics and Standards of Professional Conduct.
*Masculine
pronouns, used throughout the Code and Standards to simplify
sentence structure, shall apply to all persons, regardless of sex.
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