Ethics, Culture, & Conduct
On completion of this tutorial, you will be able to:
Recognize the inter-relationship between ethics, culture, and conduct
Describe why this is such an important area of focus
Identify what firms are doing to try to improve culture and conduct within their organizations
Recognize how these measures go beyond the regulators’ focus on the importance of “culture” and “tone at the top”
Ethics has come to dominate the recent global regulatory agenda after many financial scandals have come to light. Various regulatory initiatives have been introduced with a focus on ethics, culture, and conduct in financial services.
This tutorial looks at the importance of ethics in financial services and how firms are going about integrating it within their business plans for the betterment of society.