What does the firm systematic framework focus on?

The firm systematic framework is designed to promote the integrity of the market and ensure that customers are treated fairly. This approach emphasizes the importance of compliance with regulations and ethical standards that govern business practices. It seeks to establish a structured methodology for firms to identify, assess, and manage risks while maintaining transparency and accountability in their operations.

By focusing on market integrity and fair treatment of customers, this framework helps to foster trust between consumers and firms, which is essential for the overall health of the financial system. Compliance with such regulations is not merely a legal obligation but also a commitment to uphold professional integrity, which enhances the firm's reputation and promotes sustainable business practices.

Other aspects, such as marketing strategies, supplier contracts, or reducing operational costs, do not encapsulate the primary objective of a systematic framework geared towards market integrity. Instead, they are more tactical considerations that, while important to business operations, do not reflect the overarching goal of establishing a regulatory and ethical foundation for fair practices in the marketplace.