The new Code of Ethics will come into force on 1 April 2023. There are some “do’s and don’ts when it comes to “integrity” and that section of the Code.
When dealing with Integrity:
- act with courtesy, honesty, good faith and integrity in relation to every person
- make best efforts to ensure that any representations are accurate and are not misleading
- engage in any act or omission that would be disgraceful, dishonourable, unprofessional or unbecoming
- engage in any act or omission that would bring the sector into disrepute or to undermine public confidence
- counsel, advise or knowingly assist a person to contravene the Act, the regulations or any other law
- engage in or be a party to fraud
- engage in or be a party to misrepresentation or any unethical practice
- treat any person in a manner that would contravene the Human Rights Code
- engage in conduct that is intimidating, coercive or abusive or that constitutes undue pressure or harassment.
There are certainly a lot more don’ts, but usually that’s the way laws are written. On the positive side, it’s more difficult to express minimum requirements.
Brian Madigan LL.B., Broker