A Licensed Firm should act with due Principle 2 skill, care and diligence in the conduct Skill, Care and Diligence of its business. A Licensed Firm should ensure that its Principle 3 affairs are managed effectively by its Management senior management. A Licensed Firm should have effective Principle 4 systems and controls including risk Systems and Controls management systems and adequate human and technological resources. Principle 5 A Licensed Firm should maintain Financial Prudence adequate financial resources. Principle 6 A Licensed Firm should observe proper Market Conduct standards of market conduct. A Licensed Firm should have due Principle 7 regard to its Clients' interests and Clients' Interests treat them fairly. A Licensed Firm should pay due regard Principle 8 to the information needs of its Clients Communications with and communicate information to them Clients in a way which is clear, fair and not misleading. A Licensed Firm should manage conflicts of interest fairly, both Principle 9 between itself and its Client, and Conflicts of Interest between a Client and another Client, and must organise its affairs such that conflicts can be identified. A Licensed Firm should discharge faithfully a responsibility of trust toward a Client, including, taking Principle 10 reasonable care to ensure the Relationship of Trust suitability of its advice and discretionary decisions for any Client who is entitled to rely upon its judgment. A Licensed Firm should arrange adequate protection for Clients' assets Principle 11 when it is responsible for them in Client Assets accordance with the responsibility it has accepted. A Licensed Firm should ensure that information of a confidential nature Principle 12 received in the course of dealings with Confidentiality its Clients is treated in an appropriate manner. Principle 13 A Licensed Firm should deal with all
Principle 2 Skill, Care and Diligence A Licensed Firm should act with due skill, care and diligence in the conduct of its business. Principle 3 Management A Licensed Firm should ensure that its affairs are managed effectively by its senior management. Principle 4 Systems and Controls A Licensed Firm should have effective systems and controls including risk management systems and adequate human and technological resources. Principle 5 Financial Prudence A Licensed Firm should maintain adequate financial resources. Principle 6 Market Conduct A Licensed Firm should observe proper standards of market conduct. Principle 7 Clients' Interests A Licensed Firm should have due regard to its Clients' interests and treat them fairly. Principle 8 Communications with Clients A Licensed Firm should pay due regard to the information needs of its Clients and communicate information to them in a way which is clear, fair and not misleading. Principle 9 Conflicts of Interest A Licensed Firm should manage conflicts of interest fairly, both between itself and its Client, and between a Client and another Client, and must organise its affairs such that conflicts can be identified. Principle 10 Relationship of Trust A Licensed Firm should discharge faithfully a responsibility of trust toward a Client, including, taking reasonable care to ensure the suitability of its advice and discretionary decisions for any Client who is entitled to rely upon its judgment. Principle 11 Client Assets A Licensed Firm should arrange adequate protection for Clients' assets when it is responsible for them in accordance with the responsibility it has accepted. Principle 12 Confidentiality A Licensed Firm should ensure that information of a confidential nature received in the course of dealings with its Clients is treated in an appropriate manner. Principle 13 A Licensed Firm should deal with all
QFCRA_5172_VER6.docx