Code of Ethics and Professional Conduct

Last Updated: 21st April 2017

The FMI Code of Ethics and Professional Conduct is fundamental to FMI’s mission of advancing the financial modeling profession by delivering and administering the Financial Modeler Certifications and supporting high quality education and training for financial professionals. The Code of Ethics and Professional Conduct guides the personal and professional conduct of all FMI Candidates and Certification Holders.

Failure to comply with this Code can result in an investigation into a Candidate and/or Certification Holder’s conduct which may lead to disciplinary measures. This includes revocation of candidacy in the FMI Program and the revocation of the right to use the AFM, CFM and/or MFM designations.

FMI Code of Ethics and Professional Conduct

Candidates and FMI Certification Holders must:

  1. Perform their professional duties with independence, objectivity, integrity and due diligence.
  2. Not knowingly make any misrepresentations relating to their analysis, recommendations or actions.
  3. Maintain the privacy and confidentiality of information obtained in their professional duties unless:
    • The information concerns illegal activities;
    • The client or prospective client permits disclosure; or
    • Disclosure is required by law.
  4. Make full and fair disclosure of all matters that could reasonably impair their independence and objectivity.
  5. Maintain their competency and professional knowledge in the field of financial modeling.
  6. Not engage in acts which will discredit the profession of financial modeling or the FMI.