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"If the tribunal misunderstands the code, or misapplies it, they've applied a standard which is not the standard of conduct applicable to the conduct of the practitioner.
The report suggests financial services firms "delegate decision-making to those closest to the subject matter who therefore have the best information" and "build a strong corporate culture that supports consistent conduct standards without the need for micro-management". Or to put it another way, perhaps 'managing complexity' is also about taking the mystique out of financial services.
Nonetheless, utility, he thinks, is the standard of right conduct.
standard of conduct on organs and transplants.
Raising the standard of conduct for broker-dealers.
The Fundamental Standard has set the standard of conduct for students at Stanford since 1896.
Moreover firms and consumers need a single standard of conduct.
It is a minimum standard of conduct.
5) A firm must observe proper standards of market conduct.
Be honest and trustworthy, demonstrate high standards of personal conduct.
AOL has a twenty nine page Standards of Business Conduct policy that all applies to all employees.
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