Conflict of interest rules nothing new

I read with interest the article 'CILA fends off conflict of interest criticism’( in relation to the proposed revision of the Chartered Institute of Loss Adjusters' guide to professional conduct. However, I am struggling to identify what additional requirements would be placed on CILA members.

Like many CILA members, I am also a member of the Chartered Insurance Institute. The CII is championing high ethical and professional standards throughout the profession, as evidenced by the Aldermanbury Declaration.

It quite correctly requires members to comply with the CII code of ethics, which requires that a member must turn down work where a conflict of interest exists. CILA members are often also members of other professional institutes, such as the Royal Institute of Chartered Surveyors, where the rules of conduct state that members shall avoid conflicts of interest.

It is therefore the case that many CILA members are already required to avoid conflicts of interest. If the CILA professional conduct rules are updated as indicated in the article then these will be nothing new for most members. Any implication the CII has already done likewise, I find difficult to accept.

Angus Tucker
Client services director
Grant Thornton UK

Agree? Disagree?
Write to the Editor, Post, Incisive Media, 32-34 Broadwick Street, London, W1A 2HG, or fax on: 020 73169313, or e-mail him.

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