The banning of the Reverend Flowers – see here – is no surprise, though the reasons perhaps are. His total unfitness for his role should perhaps have been as much of a consideration as his questionable moral compass and extra-curricular hobbies. Still, it is a reminder that due diligence – real due diligence not the cursory box-ticking… Read more »
Oxfam is only the latest institution to find that good intentions are not enough to make it immune from disgraceful behaviour or a culture which sees such behaviour as the norm or something which cannot be challenged. On Radio 4’s The World at One on 13 February an interviewee said this about the aid sector:… Read more »
“The Financial Conduct Authority (FCA) has prosecuted eight cases of insider trading in the past five years and secured 12 convictions.” It is all the more important for firms to establish and reinforce – continuously – the right culture themselves rather than rely on wrongdoers being caught by others. Markets and market participants we can… Read more »