Don't hit send: Ethical considerations in social media use

This episode of the FM podcast is the continuation of an occasional series on the show called Beyond the Code.

That means taking a detailed look at part of the CIMA Code of Ethics.

Xose Lumor, manager–Advocacy and Professional Ethics, discusses legal challenges finance and accounting professionals can face when using social media with Jenny Higgins, a legal director for London firm Kingsley Napley.

Related resources for this conversation include:

• The CIMA Code of Ethics home page
• Kingsley Napley's regulatory-focused Linkedin page

What you'll learn from this episode:

• Why it can be beneficial but not foolproof to keep separate personal and professional social media accounts.
• How supposedly "private" online activity can have an effect on a finance professional's reputation and the profession.
• What regulators consider when deciding whether online comments bring a profession into disrepute.
• Why social media posts can carry serious consequences — including disciplinary action — for professionals.
• Why Higgins said a discussion about social media and its potential is not all "doom and gloom".