C-26, r. 28 - Code of ethics of certified management accountants

Section 32.1 Disposition versions

2012-09-01

32.1. Where a partner, shareholder, director, officer or employee of a partnership or joint-stock company in which a member carries on professional activities or has interests is in a situation of conflict of interest, the member must, upon becoming aware of the situation, take the necessary measures to ensure that information or documents protected by professional secrecy are not disclosed to that partner, shareholder, director, officer or employee.

Those measures take into account the following factors:

(1)  the size of the partnership or joint-stock company;

(2)  the precautions taken to prevent access to the member’s records by the person in a situation of conflict of interest;

(3)  the instructions given to protect confidential information or documents protected by professional secrecy; and

(4)  isolation, from the member, of the person in a situation of conflict of interest.

O.C. 904-2011, s. 13.