Skip to main content

Fiduciary Duties and Responsibilities

Fiduciary Duties and Responsibilities is an accountability where an individual or entity is ethically obliged to act in the best interest of another entity. Within governance, it ensures transparency, risk management and ethical practices in decision-making processes, maintaining trust and integrity in operational and strategic decisions.

Level 1: Emerging

At an emerging level, you are gaining initial understanding of fiduciary duties, focusing on basic knowledge of governance practices, policies, regulations, and ethical standards.

Level 2: Proficient

At a proficient level you are able to demonstrate a strong understanding and adherence to fiduciary duties and responsibilities within the governance framework of an organization, ensuring ethical and responsible decision-making.

Level 3: Advanced

At an advanced level, you are able to demonstrate an exceptional understanding and application of fiduciary duties and responsibilities within the context of Governance, ensuring ethical and legal compliance at all times.

Where is this capability used?