Code of Conduct for Merchant Bankers

1. A Merchant Banker shall make all efforts to protect the interests of investors.

2. A Merchant Banker shall maintain high standards of integrity, dignity and fairness in the conduct of its business.

3. A Merchant Banker shall fulfill its obligations in a prompt, ethical, and professional manner.

4. A Merchant Banker shall at all times exercise due diligence, ensure proper care and exercise

independent professional judgment.

5. A Merchant Banker shall endeavor to ensure that Inquiries from investors are adequately dealt with;

b. Grievances of investors are redressed in a timely and appropriate manner;

c. Where a complaint is not remedied promptly, the investor is advised of any further steps

which may be available to the investor under the regulatory system.

6. A Merchant Banker shall ensure that adequate disclosures are made to the investors in a timely manner in accordance with the applicable regulations and guidelines so as to enable them to make a balanced and informed decision. Read more…