Question of the Week – Ethical and Professional Standards

Woo! I got it right. 

PassedTense said:

This is an application of Standard I.A:

Knowledge of the Law. Members and Candidates must
understand and comply with all applicable laws, rules, and regulations
(including the CFA Institute Code of Ethics and Standards of Professional
Conduct) of any government, regulatory organization, licensing agency, or
professional association governing their professional activities. In the event
of conflict, Members and Candidates must comply with the more strict law, rule,
or regulation. Members and Candidates must not knowingly participate or assist
in and must dissociate from any violation of such laws, rules, or regulations.

Loyalty, Prudence, and Care addresses dealings with
clients. While its “act with reasonable care and exercise prudent
judgment” clause may be violated, that would be indirect. There is no
indication that this communication does not satisfy the Communication with
Clients and Prospective Clients, but Henry must satisfy the stricter regulation.

Useful – thanks!

Here is what I think made this question confusing:
“If Henry ‘ISSUES ACTUARIAL COMMUNICATIONS’ that do not adhere to the actuarial standards of practice, what Standard would Henry most directly violate?”
-Leads me to think the answer relates to COMMUNICATION.
Also, there is no indication that he didn’t simply disregard his “knowledge” of the law…
For what it’s worth.

After further consideration, I think it is impossible to violate “communications with prospects and clients”.
My question is:
If a CFA charter holder is acting as CPA.. or acting as a professional of any other skill-set, is “Knowledge of the Law”, the ONLY standard that could possibly be violated?

@PassedTense‌ 
I didn’t know that Knowledge of the Law includes other Codes of Conduct (i.e. not strictly speaking, ‘law’).