Standard I(A) on Knowledge of the Law requires CFA charterholders to: A Obey only local laws B Understand and comply with all applicable laws; follow the stricter requirement when conflicts arise C Ignore international regulations D Follow only CFA policies ✓ Correct Answer: Option B When local law and CFA standards conflict, follow whichever is more strict. Practice CFA Exam Prep Quizzes → Browse All Questions Study Flashcards