Under which standard are members prohibited from offering or accepting gifts that could compromise their independence?

Members are prohibited from offering or accepting gifts that could compromise their independence under the standard of Independence and Objectivity. This standard emphasizes the importance of maintaining an unbiased viewpoint and ensuring that the decisions made by members are free from any influences that might alter their judgment.

Accepting gifts or favor in any form that could be construed as a bribe or could affect the integrity of decision-making is contrary to the principles of independence and objectivity. Maintaining a clear separation between personal benefits and professional responsibilities is crucial for upholding the trust and integrity of the financial markets. This ensures that all actions are taken in the best interest of clients and stakeholders, free from any potential conflicts of interest.

Other standards, while important in their own right, do not specifically address the issue of gifts and how they can impact independence and the impartiality expected from members in their professional roles.