 All
IMC USA members pledge in writing to abide by the Institute’s Code of
Ethics. Their adherence to the Code signifies voluntary assumption of
self-discipline above and beyond the requirements of law. Key provisions
of the Code specify:
Clients
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Members will serve
their clients with integrity, competence, and objectivity, using
a professional approach at all times, and placing the best interests
of the client above all others. |
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Members will establish
realistic expectations of the benefits and results of their services. |
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Members
will treat all client information that is not public knowledge as
confidential, will prevent it from access by unauthorized people,
and will not take advantage of proprietary or privileged information,
either for use by them, their firm or another client, without the
client’s permission. |
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Members
will avoid conflicts of interest, or the appearance of such, and
will disclose to a client any circumstances or interests that might
influence their judgment and objectivity. |
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Members
will refrain from inviting an employee of an active or inactive
client to consider alternative employment without prior discussion
with the client. |
Engagements
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Members will only
accept assignments which they possess the expertise to perform,
and will only assign staff with the requisite expertise. |
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Members will ensure
that before accepting any engagement, a mutual understanding of
the objectives, scope, work plan, and fee arrangements has been
established. |
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Members
will offer to withdraw from a consulting engagement when their objectivity
or integrity may be impaired. |
Fees
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Members will agree
in advance with a client on the basis for fees and expenses, and
will charge fees and expenses that are reasonable, legitimate and
commensurate with the services delivered and the responsibility
accepted. |
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Members will disclose
to their clients in advance any fees or commissions that they receive
for equipment, supplies or services they could recommend to their
clients. |
Profession
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Members will only
accept assignments which they possess the expertise to perform,
and will only assign staff with the reqMembers will respect the
individual and corporate rights of clients and consulting colleagues,
and will not use proprietary information or methodologies without
permission.uisite expertise. |
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Members will represent
the profession with integrity and professionalism in their relations
with their clients, colleagues and the general public. |
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Members
will report violations of this Code to the Institute, and will ensure
that other consultants working on behalf of the member abide by
this Code. |
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