What does the code of conduct say about accepting undisclosed payments?

The code of conduct explicitly states that accepting undisclosed payments is strictly prohibited. This is in place to maintain transparency, integrity, and trust in the industry. Accepting payments that are not disclosed undermines the ethical standards required for fair business practices and can lead to conflicts of interest. By ensuring that all payments are clearly communicated and understood by all parties involved, the code aims to promote honesty and accountability.

The other choices do not align with the ethical guidelines established by the code of conduct. For instance, permitting such payments if agreed could lead to potential abuse of trust and possibly harm the credibility of the profession. Encouragement of undisclosed payments would further violate principles of transparency. Lastly, allowing them as long as they are transparent still contradicts the predetermined standards that clearly state such payments should not be a part of professional dealings. Thus, maintaining a zero-tolerance stance on undisclosed payments is essential in upholding the integrity of the industry.