Introduction:

The PARIMA-ANZIIF CRP Certification Committee issues the PA-CRP: Code of Professional Conduct and Ethics (“Code”) to outline ethical principles and rules for all members who are certified by the Certification Committee to use the PA-CRP designation. Agreement to uphold and abide by the Code is a requirement for earning and maintaining certification. Implicit in a PA-CRP’s acceptance of the certification is an obligation to comply with the mandates and requirements of all applicable laws and regulations, and to take the responsibility to perform all professional services and activities in an ethical manner. The PA-CRP Code of Professional Conduct & Ethics is based on the standards of integrity, objectivity, competence, and professionalism.

Certified members who fail to comply with the Code are subject to disciplinary procedures which may result in sanctions. All sanctions are subject to appeal. Following the exhaustion of appeals, the Committee shall make available upon request the certification status and any sanctions of individuals.

The Code is not set forth to determine behaviors resulting in criminal or civil liability, nor are they intended to resolve matters of market competition.

Fundamental Principles

A certified PA-CRMP member is required to comply with the following fundamental principles:

(a) Integrity

A certified PA-CRMP member should be straightforward and honest in all professional and business relationships. Integrity also implies fair dealing and truthfulness.

Integrity is essential to build the necessary trust that will enable the risk manager to be a respected stakeholder within the workplace. It is the foundation on which the other principles are based.

Integrity also requires a clear vision of what is in the interests of the organisation in the longterm, without being tempted by short-term benefits that would not be in line with best practice.

(b) Objectivity

A certified PA-CRMP member should not allow bias, conflict of interest or undue influence of others to override and compromise professional or business judgments.

A member may be exposed to situations that may impair objectivity. It is impracticable to define and prescribe all such situations. Relationships that bias or unduly influence the professional judgment of the member should be avoided.

(c) Professional Competence and Due Care

A certified PA-CRMP member has a continuing duty to maintain professional knowledge and skill at the required levels based on current developments in practice, legislation and techniques. A member should act diligently and in accordance with applicable technical and professional standards when performing their roles.

The principle of professional competence and due care imposes the following obligations on members:

(a) To maintain professional knowledge and skill at the level required to ensure that their employers receive competent professional service; and

(b) To act diligently in accordance with applicable technical and professional standards when performing their roles.

Professional competence requires the exercise of sound judgment in applying professional knowledge and skill when performing each task undertaken to the highest possible standards. Professional competence may be divided into two separate phases:

(a) Attainment of professional competence; and

(b) Maintenance of professional competence.

The maintenance of professional competence requires a continuing awareness and an understanding of relevant technical professional and business developments. Continuing professional development develops and maintains the capabilities that enable a member to perform competently within the professional environments, and ensuring that this is in line with the best practices and quality standards of the profession.

Professionalism is not only about having the necessary skills and knowledge to perform the job. It is also about being willing to go beyond the call of duty by helping to shape how the profession evolves and adapts to emerging trends. It is an additional commitment to the progress of the discipline of risk management. Examples may include participation in industry and professional association events; writing of reports and articles for the industry press; and political engagement with public authorities to represent and promote the profession’s interests. The practice of risk management is evolving thanks to an active community of risk managers who make a contribution in the ways described above. This helps the profession to define itself, and to collectively increase the level of shared knowledge and skills.

(d) Confidentiality

A certified PA-CRMP member should respect the confidentiality of information acquired as a result of professional and business relationships and should not disclose any such information to third parties without proper and specific authority unless there is a legal or professional right or duty to disclose. Confidential information acquired as a result of professional and business relationships should not be used for the personal advantage of the member or third parties.

Respecting confidentiality is essential for all risk managers in their role as intermediaries within the organisation, facilitating dialogue between operational teams, senior management and the board of directors. Risk managers must be aware of and uphold confidentiality across the diverse range of tasks required to fulfil their role.

(e) Professional Behavior

A certified PA-CRMP member should comply with relevant laws and regulations and should avoid any action that discredits the profession.

The principle of professional behavior imposes an obligation on members to comply with relevant laws and regulations and avoid any action that may bring disrepute to the profession. This includes actions which a reasonable and informed third party, having knowledge of all relevant information, would conclude negatively affects the good reputation of the profession.

In marketing and promoting themselves and their work, members should not bring the profession into disrepute. Members should be honest and truthful and should not:

(a) Make exaggerated claims for the services they are able to offer, the qualifications they possess, or experience they have gained; or

(b) Make disparaging references or unsubstantiated comparisons to the work of others.

(THE BELOW TEXT CAN BE A BOX FOR THEM TO CLICK “I AGREE/ACCEPT” ONLINE?)

As a PARIMA-ANZIIF Certified Risk Professional, I agree to uphold and abide by the follow tenets:

  1. Perform professional duties in accordance with the laws and with integrity.
  2. Perform professional duties in a competent and ethical manner.
  3. Avoid acts or omissions amounting to unprofessional conduct.
  4. Avoid malicious conduct that would injure the professional reputation or practice of others.
  5. Provide complete and accurate information when applying for certification and recertification.
  6. Refrain from personal behavior that may compromise the integrity of the credential.
  7. Disclose any felony convictions.
  8. Abide and uphold the policies of the Certification Committee.
  9. Safeguard confidential and privileged information and exercise due care to prevent its improper disclosure.
  10. Maintain competency requirements through recertification.
  11. Use the logo and certification marks only in an authorized and approved manner.
  12. Pay all fees and provide information required by the Certification Committee.

Additional Policies

Filing a Complaint

Any individual may file an ethical complaint against a certified individual. Individuals may also file complaints of an administrative nature or about the examination.

The complaint must be submitted in writing utilizing the PA-CRP Certification Complaint Form within 10 business days following the date on which situation occurred leading to the complaint or when an individual could have become reasonably aware of the situation leading to the complaint. Complaints should be sent to RIMS-CRMP@RIMS.org. Complaints received beyond the deadline will not be considered. Only complaints that follow the published procedures of the Commission will be considered.

Confidentiality

All information provided to the PA-CRP Certification Department during the application, examination and certification process is considered confidential and will not be disclosed unless required by law.

 Indeterminate Scores

The Certification Committee is concerned with reporting only valid scores. On rare occasions, circumstances may invalidate exam scores. The Committee reserves the right to cancel or withhold exam scores if there is any reason to question their validity. The Committee may cancel or invalidate exam results if, upon investigation, violations of policies have been committed.

Doubts may be raised about the validity of candidates’ scores because of suspected misconduct; in such circumstances candidates will be notified of procedures to ensure fair treatment. Some scores may be rendered invalid due to circumstances beyond candidates’ control, such as faulty exam materials or mistiming. In this event, retesting will be arranged at no additional cost to the candidate.

Issuing Certificates

Certificates are issued by the PA-CRP Certification Department to individuals who meet all requirements for earning certification, including passing the exam. Certificates shall be issued within 60 calendar days of confirmation of completion of the certification requirements. A new certificate with the date of expiration will be issued to PA -CRPs who meet the recertification requirements.

Certification Directory and Verification of Certification Status

The PA-CRP Certification Department will verify the name of a PA-CRP and that the member is in good standing at the request of any member of the public. Anyone may verify a PA-CRP’s credential by contacting the PA-CRP Certification Department at XXX@parima.org.

No information deemed to be confidential will be disclosed when verifying an individual’s certification status.

PA-CRPs’ names and standing are considered public information. Use of PA-CRP information for solicitation purposes by businesses or individuals is strictly prohibited by PARIMA and ANZIIF.

Nondiscrimination Statement

The PA-CRP Certification Department and the Certification Council do not discriminate on the basis of race, color, age, gender, national origin, ancestry, religion, disability, sexual orientation or marital status.

 Cheating

The Commission will follow strict protocols to safeguard the security of the examination. Any individual who removes, or attempts to remove, examination materials from the testing site, including memorizing examination questions, is subject to potential civil and/or criminal legal action in addition to sanctions by the Commission. Sanctions may include denying or stripping the individual of the certification and banning the individual from sitting for the examination in the future. (NEED TEXT FROM ANZIIF??)