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KNOWLEDGE OF THE LAW
A. Relationship between the Code and Standards and local law.

You should always aspire to the highest level of ethical conduct.This statement assists members in avoiding legal and ethical traps and violations of the Code of Ethics.

In general, members in all countries should comply at all times with the Code and Standards. Since laws in different countries may establish different standards, the rule of thumb is to choose the stricter regulations.

  • If the laws are tougher than the Code and Standards, adhere to the laws.
  • If there are no laws, or if the Code and Standards are tougher, adhere to the Code and Standards.
  • If a member or candidate lives or works in a foreign country, or works for foreign firms outside of his or her own country, he or she should comply with the strictest of his/her country's laws, the foreign country's laws, and the Code and Standards.
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