Code of Conduct
Responsibility of management
The senior management of research analyst shall bear primary responsibility for ensuring the maintenance of appropriate standards of conduct and adherence to proper procedures.
Honesty and Good Faith
Research analyst shall act honestly and in good faith.
Compliance
Research analyst shall comply with all regulatory requirements applicable to the conduct of its business activities.
Conflict of Interest
Research analyst shall effectively address conflict of interest which may affect the impartiality of its research analysis and research report and shall make appropriate disclosures to address the same.
Diligence
Research analyst shall act with due skill, care and diligence and shall ensure that the research report is prepared after thorough analysis.
Insider Trading or front running
Research analyst or its employees shall not engage in insider trading or front running or front running of its own research report.
Confidentiality
Research analyst or its employees shall maintain confidentiality of report till the report is made public.
Professional Standard
Research analyst or its employees engaged in research analysis shall observe high professional standard while preparing research report.