True or False ?

An information barrier used to prevent the communication of material non-public information is commonly referred to as a mission statement.?

The NOCLAR provisions are an extension of the Corporations Act rules for existing financial advisers that qualify for the FASEA transitional requirements as from 1 January 2019.

A CFA member who undergoes a personal bankruptcy may likely breach the CFA Standards of Professional Conduct where appropriate disclosures are not made, in relation to the area of misconduct.

Mosaic theory uses a combination of information sources that are consistent with those available to CFA members without breaching ethical standards.

The accounting ethical standards allow for the member to undertake a course of action even if the identified threat is not eliminated.

Ultimately the final assessment of a CFA members actions for independence and objectivity in terms of possible sanctions, will be made by the committee of the CFA not the member.

In Australia, the reasonable man principle attributes the skills of the financial adviser at a level equal to the hypothetical man on the Bondi tram.

One of the provisions of the CFA Code of Ethics is to use unreasonable care and independent professional judgement.

Government regulations seeking to have a beneficial effect on the expectations gap for accountants have been imposed both in the United States and Australia.

Eligibility for a bonus in a contractual arrangement is possible for a CFA member, where it is dependent on the report prepared by the CFA member attracting additional investment by the public in cases where the bonus does not exceed 5 percent of the total contract amount.

Employer established formal policies regarding blackout periods for member security trading is prohibited pursuant to the CFA Ethical Standards.