- A member must
do nothing contrary to the standard of ethics and professional practice
from time to time established by the Federation and observe the highest
principles of professional probity and business practice. A member shall
display if appropriate the logo of the Federation to indicate affiliation
and observance of the Federation's Code Of Ethics.
- A member, in the
best interests of the public, the Federation, its members and his/her
own business, should always be loyal to the Federation and be active
in its work. He/she must do everything in his or her power to increase
public confidence in the profession, to promote goodwill and friendly
business relations amongst members, advance the interests of the profession
and maintain its integrity and status. Members should suppress any dishonourable
or unprofessional conduct or practice, be willing to share their experience
with other Federation members and generally protect and promote the
standing of the profession.
- Members must strictly
observe all statutory obligations imposed upon them and must observe
them not only in the letter, but in the spirit.
- Members shall avoid
exaggeration, misrepresentation, or concealment of pertinent facts.
Members have an obligation to discover adverse factors that a reasonably
competent and diligent investigation would disclose.
- In accepting employment
as an agent, the member pledges himself/herself to protect and promote
the interests of the client. This obligation of absolute fidelity to
the clients' interest is primary. It does not relieve the member of
the obligation to treat fairly all parties to the transaction.
- A member's relationship
with his/her client or customer should always be confidential.
- Members shall not
undertake to provide professional services where they have a present
or contemplated interest unless such interest is specifically disclosed
to all parties to the transaction. Members shall not acquire an interest
in or buy for themselves, any member of their immediate family, their
firm or any member thereof, or an entity in which they have an ownership
interest (other than a public company), bloodstock listed with them,
without making the true position known to their clients.
- When acting as
agents, members shall not accept any commission, rebate, or profit on
expenditure made for their client, unless such fact shall be first made
known to the client.
- A member must not
attempt to supplant or compete with another member by any unfair or
improper means.
- A member shall
at all times be responsible for the actions of his/her employees and
anyone acting on his/her behalf in their business relations with fellow
members, clients and the public in accordance with this Code Of Ethics.
- A member must not
place after his/her name any words, letter or other matter indication
that he/she has held or is holding office in the Federation, as a method
of promoting his/her business.
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