Policymakers are exploring the question of “good character” and asking how financial sector overseers may examine it effectively, amidst efforts to assure that those working in the financial sector are “fit and proper” for their roles. But while character is important, it is cultural context that condones or challenges its expression. Character evaluations must be complemented by an appreciation of cultural context.
Observations
Sep 27, 2024In a recent article in the Financier Worldwide Magazine, Zulfi Meerza, a lawyer at Rahman Ravelli, and Charli Curran, Senior Director at Ankura, explain how firms can prepare for heightened regulatory attention on non-financial misconduct (NFM).
Compendium
Jun 11, 2024Compendium
Jun 11, 2024The audit sector faces significant challenges related to culture and conduct, mirroring those in the financial sector. KPMG Netherlands dealt with exam cheating scandals, leading to employee sanctions and regulatory fines. Professional oaths in the financial sector emphasize ethical behavior but face implementation gaps in daily operations.
by Stephen Scott, Jamie Fiore Higgins, Elizabeth Broderick
Compendium
Jun 11, 2024
