KUALA PLUMPUR, Oct 5 (Bernama) -- The Malaysian financial services industry (FSI) can freely leverage the newly released 'Guidance Notes' to the Code of Ethics (CoE) for the industry, the Financial Services Professional Board (FSPB) today said.
Chairman, Tan Sri Dr Munir Majid said the Guidance Notes provided additional guidance and explanation on how each of the principles in the CoE applies in practice through appropriate policies, procedures and processes within an organisation.
He said organisations in the industry could use the CoE principles to assess if they have the proper policies and procedures in place.
"These Notes explore how the five principles can be achieved and applied in organisations across the FSI.
"The CoE complements the formal system of regulation and contributes towards public oversight of the FSI through a code developed by the industry, for the industry and in the public interest," Munir said in a press conference after launching the 'Guidance Notes' to the CoE here today.....