A member body of the International Federation of Accountants (IFAC) should follow the provisions of the home country's code of ethics rather than the Code of Ethics for Professional Accountants (IFAC Code) when:

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According to IFAC's Statement of Membership Obligations (SMOs), a member body should follow the provisions of the home country's code of ethics when the home country standards of the member body are more stringent than those in the IFAC Code. This ensures that the member body meets the higher ethical standards required by their local jurisdiction. However, if the home country standards are less strict or if the member body disagrees with IFAC Code provisions, they should still comply with the IFAC Code and work towards enhancing their ethical standards.

A Member Body of the International Federation of Accountants (IFAC)