South Africa
Sustainable finance
By Lee Rossini
Sustainable finance is becoming an important consideration in the financial industry, especially among clients looking to align their investments with their values. At its core, sustainable finance integrates environmental, social, and governance (ESG) factors into financial decisions. It’s about achieving financial returns while positively impacting society and ...
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Ethics in the context of South Africa’s inequality crisis and the Companies Amendment Act 16 of 2024
By Compli-Serve
South Africa’s status as the most unequal country in the world, as identified by the World Bank, poses a profound ethical and economic dilemma. More than three decades after the advent of democracy, the systemic gap between the rich and poor remains entrenched. The 1998 Truth and Reconciliation ...
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Ethics in financial services: Preparing for 2025
By Compli-Serve
The financial services sector is undergoing profound changes, driven by regulatory reforms and an increasing focus on ethical practices. As we approach 2025, the industry is being reshaped by global and local initiatives aimed at enhancing transparency, accountability, and fairness. In South Africa, where socio-economic inequalities remain deeply ...
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International
NAB faces Federal Court action over hardship failures; ethical considerations for all financial institutions
The National Australia Bank (NAB) is under fire for failing 345 customers who sought hardship support during some of their most vulnerable moments. According to documents filed today by ASIC (the Australian Securities and Investments Commission) in the Federal Court, NAB and its subsidiary AFSH Nominees Pty Ltd (AFSH) did ...
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