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- Topic: Minimum standards vs Requirements
Author | Topic: Minimum standards vs Requirements |
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Goodlucky @2015-03-25 14:22:34 |
Anyone have a concrete answer of the difference between the two? Found a review question where a) mentioned requirements while b) mentioned minimum standards. |
magagula @2015-04-06 20:36:15 |
Minimum standard is the benchmark that all CFA charterholders have to adhere to. Where as minimum requirements could differ based on applicable law or regulatory requirements. As a charterholder, you are supposed to uphold the stricter of the standard or the applicable law. This is what I can make of the difference. |