In this subject students will reflect on the nature of professional obligations, both as individual responsibilities and as creating obligations in an organisational context. The nature of obligations arising in ethics, professional standards, codes of conduct and law, and the consequence of the Professional Standards Act 2003 (Vic) will be addressed. The compliance and risk management issues arising from these obligations will be addressed in particular. The consequences of breach of rules, particularly legal rules, both in terms of civil and criminal liability and in terms of loss of reputational assets will also be considered.

Subject rules