Code of Ethics
We at HC Syria are proud of our commitment to the continued development of the financial services industry,

Our code of ethics, which stems directly from our core values and principles, applies to everyone that is employed by our firm and is the foundation of our shared commitment as a leading financial services firm to abide by the highest standards of conduct.

The main points delineated below summarize our position, as a translation of our core values, when engaging with each other, our customers, our clients, our shareholders, our vendors and how we choose to compete in the marketplace:

Abide by the Law & The Highest Standards of Conduct: It is the duty of all HC Syria employees, managers and directors to abide by all laws, and legislations governing work and conduct in the financial services sector as well as all laws and legislations pertaining to the practice of financial advisory as stated by the Syrian Commission On Financial Markets & Securities (SCFMS). Furthermore in addition to maintaining professional integrity in all manners of conduct with colleagues, fellow professionals and clients we are committed to:
 
Perform all our duties in an honest, impartial and objective manner. This applies to all dealings with clients, superiors, subordinates and colleagues within the profession.
Abide by all professional standards, ethics and regulations of the industry and perform all duties in an effective and efficient manner and continuously seek to raise the standard professional conduct.
Never feign knowledge or misrepresent abilities. Professional opinions should be objective and based on impartial data and information, with a commitment to always being clear and honest in all dealings with clients and professional colleagues.
Ensure confidentiality of all accounts and records pertaining to clients and never divulge any non-public information gathered during the course of an engagement with a client.
Potential Conflicts of Interest: ensure transparency in all dealings with clients and ensure that there is no conflict of interest when undertaking any engagement:
 
Inform the client - current or potential - of any fees, commissions or benefits that may accrue in lieu of a current engagement with aforementioned client.
Inform potential clients of any fees, commissions or benefits that might be paid by another third party in lieu of a potential engagement with the aforementioned client.
Not to undertake any independent work or provide a service that could compete with the service or product offering of the company or the client without prior written approval.
Commitment to maintain independence and impartiality in all dealings with third parties.
Not to accept money or remuneration of a questionable origin.
Fees and commissions charged should be fair and commensurate with the nature of the work and proportionate to the effort expended, and the expenses incurred. Such charges should incur a reasonable profit margin after covering the expenses of performing the service including research and financial analysis in a manner that does not cause undue harm to other companies and institutions working in the industry.
Advisory Work: employees engaged in financial advisory services should be qualified to undertake such activities and should ensure that they have records supporting their professional opinions and recommendations, with a commitment to the following:
 
Ensure that enough data is available for analysis, and attempt to verify the veracity of such information before using it as a basis for providing a professional opinion.
Distinctly separate facts from personal analysis of these facts when presenting a written report.
Ensure that sources are clearly documented in all written reports
Not to undertake any disclosures verbal or written which misrepresent the following:
- Services that can be provided to clients.
- Qualifications of employees.
- Expected return or revenue resultant from an investment opportunity.
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