标题: GIPS vs Ethics [打印本页] 作者: Palantir 时间: 2011-7-11 19:47 标题: GIPS vs Ethics
A US National (CFA charterholder) working in another country has to follow stricter of:
(i) US Law
(ii) Local laws
(iii) CFA Code of Ethics and Standards or Professional Conduct
Regarding GIPS - I read in an answer to a multiple choice question that you can follow local laws (instead of GIPS) if they are less strict - the reason being that you can compete with local firms on a comparable basis. Is that correct?作者: NakedPuts2011 时间: 2011-7-11 19:47
ii and iii作者: Valores 时间: 2011-7-11 19:47
CFA candidates and charterholders have to follow US Law - since CFA Code and Practice is based on US Law - right?作者: mar350 时间: 2011-7-11 19:47
manishsd Wrote:
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> CFA candidates and charterholders have to follow
> US Law - since CFA Code and Practice is based on
> US Law - right?
Where are you getting this info from? That is completely inaccurate. If local law is less strict than C&S, follow C&S. There is a nice chart in the CFA book that explains this.
NO EXCUSES作者: ohai 时间: 2011-7-11 19:47
So even in case of performance presentation (GIPS), follow strictest requirement.作者: IAmNeil 时间: 2011-7-11 19:47
manishsd Wrote:
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> So even in case of performance presentation
> (GIPS), follow strictest requirement.
Only if they claim GIPS compliance, it's voluntary. AMC is also voluntary.
NO EXCUSES作者: mcmc 时间: 2011-7-11 19:47
Just to understand:
If you are a Canadian company and you are doing work in Mexico which has looser rules that are also accepted by the CFA institute, BUT not Canadian law..... are you able to do it?
Please disregard the terrible grammar, its almost CFA time and I am too tired to correct for that stuff.作者: dyga 时间: 2011-7-11 19:47
I think you have to follow the stricter of the local law vs CFA Law, so Mexico law vs CFA law. So you shoud be able to provide your services in Mexico.作者: NakedPuts00 时间: 2011-7-11 19:47
it depends on which law applies作者: bkballa 时间: 2011-7-11 19:47
Soccertom9 Wrote:
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> Just to understand:
>
> If you are a Canadian company and you are doing
> work in Mexico which has looser rules that are
> also accepted by the CFA institute, BUT not
> Canadian law..... are you able to do it?
>
> Please disregard the terrible grammar, its almost
> CFA time and I am too tired to correct for that
> stuff.
A company is not subject to CFA rules. A individual is. A canadian citizen working in mexico would have to comply with the stricter of mexican law (local law) or CFA rules and regulations.
However, i think a CFA charterholder/candidate working for a company in canada doing research in mexico would have to comply with the stricter of canadian law or CFA.
