AREF has a unique Code of Practice, widely recognised as the gold standard in corporate governance.



Neither AREF or its group shall have any liability for any losses, including but not limited to damages, pure economic losses, fines, penalties, costs, claims, liabilities, loss of income, charges, demands, obligations,  information, opportunity, goodwill or reputation, and/or expenses of any kind (including professional advisors’ costs, legal costs and disbursements) of whatever nature howsoever caused, suffered or made against a defaulting member arising out of or in any way related to as a result of investigation into the member fund’s compliance to the code, and/or any action taken against the member fund (including but not limited to private or public letters of censure or suspension from membership) as a result thereof.