Reading framework
A shared basis for clear, prudent and consistent interactions.
The HBS ethical charter is intended to provide a readable professional framework for investors, companies, partners and anyone initiating contact with HBS.
Ethical charter
A clear ethical framework for HBS exchanges, services and relationships.
This page structures the reference principles applied by HBS to contact requests, institutional positioning and support activities.
Reference document
A readable, well-structured and directly usable framework.
The charter clarifies the HBS scope of intervention, each party’s responsibilities, the limits of engagement and the applicable compliance principles.
Preamble and HBS positioning
HBS operates as a structure for introductions, framing, coordination and support. Its positioning relies on clear communication, a sober approach and a constant effort to align discourse, practices and stakeholder interests.
Nature of HBS activities and absence of investment guarantee
HBS may be involved in fiduciary, administrative, entrepreneurial, relational or financial matters. No exchange, content, introduction or presentation should be interpreted as a guarantee of performance, return or investment success.
Allocation of responsibilities between investors, companies and HBS
Each party remains responsible for its own decisions, verifications and commitments. HBS facilitates, structures, guides and documents, but does not replace the judgment of investors or the operational, legal, accounting or strategic obligations of companies.
Due diligence and good practices
HBS encourages proportionate due diligence, proper documentation of important exchanges, verification of sensitive information and the use of sound follow-up practices. Prudence, traceability and documentary clarity are core principles.
Compliance with AML requirements
Where situations require it, HBS recalls the applicable framework relating to anti-money laundering, identification, transparency of flows and compliance. Each interlocutor remains responsible for fulfilling their own legal obligations.
Compliance with data protection requirements
Data and information entrusted to HBS are handled with discretion, restraint and purpose. HBS seeks to limit data collection, secure information flows and preserve uses that remain consistent with the legitimate expectations of the persons concerned.
Limitation of liability
HBS operates within a framework of support, coordination and orientation. Unless a distinct formal commitment exists, HBS cannot be held liable for decisions made by third parties, investments undertaken, opportunities not pursued or excessive interpretations of an informal exchange.
Association-based nature and volunteer component of certain services
HBS is rooted in an associative and relationship-based logic, with a volunteer component in some initial exchanges or framing discussions. This requires a clear distinction between initial orientation, effective services and any formalized mandates.
Dinners, meetings and exchanges: relational framework and not a management mandate
Dinners, meetings, introductions and exchanges organized or facilitated by HBS remain part of a relational framework. They do not, by themselves, constitute a management mandate, personalized investment advice or a delegation of responsibility.
Acceptance and updates to the charter
Any contact request or ongoing exchange with HBS implies taking this reference framework into account. The charter may be updated to reflect changes in activities, compliance requirements or internal practices.