Developing Code of Conduct: GAMC may establish and enforce a code of conduct or ethical guidelines that its members are expected to adhere to. These codes typically outline principles of good governance, responsible lending practices, client protection, transparency, and accountability. By setting these standards, GAMC aims to ensure that its members operate in a manner that aligns with industry best practices.
Self-Regulation and Monitoring: GAMC may establish internal mechanisms to monitor and enforce compliance with industry standards among its members. This can include conducting periodic assessments, or peer reviews to ensure adherence to codes of conduct and best practices. By holding its members accountable, GAMC contributes to maintaining and promoting industry standards.
Additionally, organizing capacity-building and training activities, sharing best practices, advocating for a sound regulatory framework and collaborating with stakeholders all contribute to the promotion of industry standards.