Ethics

Much of what occurred in the Global Crisis was, in the exquisite phrasing of the eminent socio-legal scholar Professor Doreen McBarnet, ‘perfectly legal.’ There is common agreement among policymakers and practitioners that the crisis demonstrated an ethical failure. The ethics program of research explores the reasons for this and how it can be addressed. It evaluates the purpose and efficacy of codes of conduct at both corporate and professional level. It assesses the extent to which regulatory agencies can embed higher standards of ethics through the use of pro-active strategies.

IODSA Code for Responsible Investing in South Africa

Originally Published: 
19/07/2011
The Institute of Directors for Southern Africa has issued The Code for Responsible Investing in South Africa which gives guidance on how the institutional investor should execute investment analysis and investment activities and exercise rights so as to promote sound governance.

Singapore’s Private Banking Advisory Group Launches Private Banking Code of Conduct

Originally Published: 
05/04/2012
The Private Banking Code of Conduct is the result of an industry-led effort to enhance the competency of private banking professionals and foster high market conduct standards.

Corruption and Enforcement IV: The Importance and Anatomy of a Robust Compliance Program

The integrity of compliance design is an essential shield for Australian businesses operating in high-risk markets in which corruption is endemic.

One Direction? Corporate Governance in Japan

The broader, if piecemeal shift towards engagement with the investor community reflects a perceived need to respond to a series of high-level corporate scandals.

Charting the Way Forward for Libor

Singapore offers a route map to navigate rate manipulation scandal with an innovative enforcement action.

Plugging the Gap: Singapore's Benchmark Consultation Paper Explained

Singapore's clever regulatory engineering integrates the principles, purposes and ends of financial regulation in a manner that deserves international attention and emulation.

CLMR Working Paper13-7: Singapore Sling: How Coercion May Cure the Hangover in Financial Benchmark Governance

Originally Published: 
03/10/2013
Justin O'Brien examines Singapore's approach to Libor issues

Cartel Investigations Raise Stakes in Benchmark Rigging Scandal

Nathan Lynch, Head Regulatory Analyst of Governance, Risk and Compliance for Thomson Reuters investigates cartel treatment of benchmark manipulation.

Fixing the Fix: Governance, Culture, Ethics and the Expanding Perimeter of Financial Regulation - Part 1

Professor Justin O'Brien of CLMR evaluates the confluence of regulatory and criminal investigation, which offers an opportunity to transcend the flawed nature of technical reform.

Fixing the Fix: Governance, Culture, Ethics and the Expanding Perimeter of Financial Regulation - Part 2

Professor Justin O'Brien continues his evaluation of the confluence of regulatory and criminal investigation, which offers an opportunity to transcend the flawed nature of technical reform.

Fixing the Fix: Governance, Culture, Ethics and the Expanding Perimeter of Financial Regulation - Part 3

The third part of Justin O'Brien's evaluation of the confluence of regulatory and criminal investigation, which offers an opportunity to transcend the flawed nature of technical reform.

Fixing the Fix: Governance, Culture, Ethics and the Expanding Perimeter of Financial Regulation - Part 4

The fourth part of Justin O'Brien's evaluation of the confluence of regulatory and criminal investigation, which offers an opportunity to transcend the flawed nature of technical reform.

The FSB Work on Benchmark Reform

Guy Debelle, Assistant Governor (Financial Markets) at the Reserve Bank of Australia presented at the Fixing the Fix seminar at Allen Overy on 19 November 2014.

Fixing the Fix: Benchmark Reform and the Future of Financial Regulation

Originally Published: 
02/12/2014
The webcast of the CLMR and Allen & Overy event held on 19 November looking at benchmark manipulation is now available