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.
