不理解

问题如下：

Based only on the information given, when providing investment advice to her clients, Jensen should most likely adhere to which of the following to avoid violating Standard I(A): Knowledge of the Law?

选项：

A.Irish legislation B.Swiss regulations C.CFA Institute Standards of Professional Conduct

解释：

Solution

1. Incorrect because Jensen would not likely be required to adhere to Irish legislation, because she is not directly associated with the Fund nor are her clients based in Ireland.

2. Correct. Jensen should adhere to Swiss regulations. Standard I(A): Knowledge of the Law requires members and candidates to adhere to the stricter of any applicable legislation or regulations and the CFA Institute Standards of Professional Conduct. Therefore, when providing investment advice to her Swiss pension clients, Jensen should most likely adhere to the stricter Swiss regulations requiring ESG assessments prior to the pension funds making an investment. Jensen would not likely be required to adhere to Irish legislation, because she is not directly associated with the Fund nor are her clients based in Ireland. In this instance, the CFA Institute Standards are less strict than Swiss regulations, because they do not require members to undertake ESG assessments prior to taking investment action or making an investment recommendation.

3. Incorrect because in this instance, the CFA Institute Code and Standards are less strict than Swiss regulations since they do not require members to undertake ESG assessments prior to taking investment action or making an investment recommendation.

Guidance for Standards I–VII

• demonstrate a thorough knowledge of the CFA Institute Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations