为什么违反保密性

问题如下：

Question A certified FRM working as a risk manager at a bank is asked by the CRO to present a report to the public on the bank’s compliance with industry best practices in risk management. The risk manager includes information about risk adjusted returns of specific clients in the report to support the conclusion that the bank’s risk management practices are strong. Which of the following statements is most appropriate regarding the adherence of the manager’s behavior to the standards of the GARP Code of Conduct in this situation?

选项：

A.

The manager violates the GARP Code of Conduct because the manager discloses some of the bank’s confidential information.

B.

The manager violates the GARP Code of Conduct because the manager overstates the strength of the bank’s risk management practices in the report.

C.

The manager violates the GARP Code of Conduct because the manager does not distinguish between facts and opinions.

D.

The manager does not violate the GARP Code of Conduct.

解释：

Explanation:

A is correct. The manager reveals some confidential information, the realized loss recovery rates, in the report to the public. GARP Members will take all reasonable precautionary measures to prevent intentional and unintentional disclosure of confidential information.

B is incorrect. The manager uses facts to support the conclusion and does not overstate the strength of the bank’s risk management practices.

C is incorrect. This scenario does not involve distinguishing facts and opinions.

D is incorrect. The manager violates the GARP Code of Conduct as the manager discloses the confidential information of the bank.

Section: Foundations of Risk Management

Learning Objective: Describe the responsibility of each GARP Member with respect to professional integrity, ethical conduct, conflicts of interest, confidentiality of information, and adherence to generally accepted practices in risk management.

Reference: Global Association of Risk Professionals. Foundations of Risk Management. New York, NY: Pearson, 2022. Chapter 11. GARP Code of Conduct.