Ethical banking involves consciousness of how banking practices affect individuals, society and the environment. However, the term “ethical banking” is a broad one which covers a wide range of ideas and concepts. Alumni of the global “Ethics & Trust in Finance for a Sustainable Future” share their insights on this issue: some see ethical banks as having positive duties, while some conceive them as banks “putting people before profits” and others describe them as banks … [Read more...] about What does ethical banking mean to you?
Cultivating the appropriate risk culture is key to successful companies. Employees should be in line with the organization’s mission, values and goals, understand the risk limits and be able to discuss which risks to take or avoid. Failure to build a sound risk culture can create a false belief that the future can be controlled and can cause problems, as happened with many banks. Alumni of the global Prize “Ethics & Trust in Finance for a Sustainable Future” share their … [Read more...] about What does risk culture mean to you?
Ethics in finance can have different meanings depending on the points of view. Discover the insights of alumni of the global Prize “Ethics & Trust in Finance for a Sustainable Future” who discuss various aspects of ethics in finance, mobilising ancient Greek philosophy, differentiating between micro and macro levels, short-term and long-term perspectives while also presenting financial ethics and virtue ethics. A rich overview of various perspectives on ethics in … [Read more...] about What does ethics in finance mean to you?
This is a teaser of the full webinar which can be watched below There is a clear competition between private initiatives in digital payments and public authorities trying to regain control over payments. This trend raises a number of questions that are being discussed: What does the recent crash on crypto-market mean for the reliability of decentralized cryptocurrencies? Will central bank digital currencies make stablecoins redundant? How should public authorities … [Read more...] about Private versus public innovation in payment systems
by Josina Kamerling, Head of Regulatory Outreach at CFA Institute and Paul Dembinski, Director of the Observatoire de la Finance and professor at the University of Fribourg The departure of Emmanuel Faber, who joined the group in 1997 and took over as CEO in 2014, marks the downfall of one of the most visible advocates for a more responsible capitalism in which companies do not only serve shareholders but also protect the environment, their employees and suppliers. It is important to recall … [Read more...] about Is there something to learn from the crisis at Danone?
Ethics in the Age of Digital Finance Issues and Challenges From online banking to contactless payments and cryptocurrencies, financial technology – or FinTech – is rapidly impacting the financial services industry and those who must supervise and use it. The webinar is an opportunity to discuss how new technologies impact financial services and what are the ethical opportunities and challenges raised by the digitization of finance. It will also introduce the audience to the global … [Read more...] about Online Event: Ethics in the Age of Digital Finance Issues and Challenges