Safeguards Against Ethical Threats and Dilemmas

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THE MAIN SAFEGUARDS AGAINST ETHICAL THREATS AND DILEMMAS

Safeguards that may eliminate or reduce ethical threats to an acceptable level fall into two broad categories:

  1. Safeguards created by the profession, legislation or regulation; and

  2. Safeguards in the work environment.

These may include:

  • Educational, training and experience requirements for entry into the profession.

  • Continuing professional development requirements.

  • Corporate governance regulations.

  • Professional standards.

  • Professional or regulatory monitoring and disciplinary procedures.

  • External review by a legally empowered third party of the reports, returns, communications or information produced by a warrant holder.

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