Sobering - the ethics of business
Prof Leon van Vuuren (first published on 26 August 2019 for The Ethics Institute monthly newsletter)
This is a satirical account from the point of view of executives who see ethics as a 'soft' issue. Some may think it is an exaggeration, while others will have encountered colleagues and ...
Principles and the Conduct of Financial Institutions Bill
By Lee Rossini
Internationally, financial sector reform has been the focus of attention largely due to poor financial practices and limited regulatory oversight. As a result, there is a pressing need to focus on improved outcomes for customers. The proposed Conduct of Financial Institutions Bill (COFI Bill) will play an ...
Bringing the Board to the ethical culture table
Corruption, Crime & Compliance
I guarantee you if you ask your corporate board to define 'ethical culture' and 'compliance,' and their actual day-to-day responsibilities in this area, you will quickly realize most board members have no clue. This is not a controversial statement because corporate board members, for the ...
AI and ethics
As decision-making factors using artificial intelligence (AI) become more accepted, pure economics might not align with the softer strategies of a bank. Many financial institutions are questioning how artificial intelligence must be governed within an organisation and how it can be taught to align with a bank’s brand and ethos ...