New at DSI: 10 core principles for professional integrity

DSI introduces 10 core principles for integrity in action to stimulate dialogue on integrity in the financial sector. The core principles represent the essence of our Code of Conduct. They provide financial professionals with guidance in making the right choices, thus strengthening trust in the sector. Every DSI-certified professional commits to these principles.

What do the core principles mean?

The ten core principles are a practical translation of the DSI Code of Conduct, making it applicable in daily practice. Together, they form a moral compass in situations where laws and regulations do not provide clear answers. This includes ethical dilemmas, gray areas, or rapid changes in the sector.

The principles encourage professionals to think consciously about their actions and to make integrity a constant topic of conversation within teams and management. They provide clear guidelines and directly align with the standards that DSI applies in disciplinary law.

Here are the ten core principles:

1. Take responsibility – For your own behavior and that of your surroundings.
2. Focus on the client’s interests – Always act in the best interest of your client.
3. Act with care – Show respect and expertise in your work.
4. Show leadership – Promote adherence to the Code of Conduct by others.
5. Follow the rules – Comply with the rules that apply to your profession.
6. Ensure confidentiality – Protect confidential information.
7. Be clear about interests – Prevent conflicts of interest.
8. Communicate openly – Be transparent and avoid misunderstandings.
9. Demonstrate expertise – Provide careful and professional advice to your client.
10. Act honestly – Be ethical and strengthen trust in the market.

These principles are directly linked to the DSI Code of Conduct. A more detailed explanation of the core principles can be found on our website or via this link.

Integrity dilemma? Discuss it or report it to DSI.

Ethical dilemmas should ideally be discussed early within your organization. However, if a situation goes beyond an internal conversation and potentially involves a violation of the Code of Conduct, you can make a report to DSI.

The report will be carefully assessed. If the situation falls under disciplinary law, an investigation will be initiated. The DSI Ethics Committee will hear all involved parties and determine whether a violation has occurred. If so, a sanction may be imposed.

The core principles as a starting point for dialogue

The introduction of these core principles is an invitation to the sector to engage in dialogue about integrity – within teams, with leaders, and with the sector as a whole. By demonstrating leadership, making dilemmas discussable, and acting according to clear principles, we work together towards a transparent and ethical financial sector. The core principles provide direction, but their application requires deeper reflection.

DSI will offer this deeper insight by continuing to engage with the sector on current risks and integrity dilemmas, with a focus on topics such as digitalization and sustainable finance. We will keep you updated on these developments through various media in the coming period.