Ethical Standards Board The Institute of Chartered Accountants of India 4th August, 2021 |
Engaging in Derivatives' transactions by members in practice |
It is permissible for a member in practice to engage in derivative transactions in his personal capacity, but not in professional capacity i.e for clients. Such engagement in derivatives would not be violative of provisions of Clause (11) of Part-I of First Schedule to The Chartered Accountants Act, 1949. |
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