Duties to Employer
- Loyalty: Act for the benefit of employer and not deprive employer of the advantage of any skills and abilities.
- Additional compensation arrangements: Must not accept gifts, benefits, compensation, or consideration that likely to create conflict of interests.
- Responsibilities of supervisors: Make reasonable efforts to detect and prevent violations of applicable laws, rules, regulations.
Ms Juhi Kashyap currently works at a investment company as an equity analyst. Without notice to her employer, she registers with government authorities to start an investment company that will compete with her employer. Does registration of this competing company constitute a violation of Standard IV(A)?
Juhi's preparations for the new business by registering with the regulatory authorities do not conflict with the work for her employer if the preparations have been done not at the cost of his office work.