The global financial services landscape is changing rapidly. Questions of ethics have become leading concerns for regulators and industry alike in the wake of the 2008 Global Financial Crisis. While the general economic and investment climate is recovering, the future remains uncertain. Policies adopted by governments and central banks in
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Aug 07 2017
A well-written, timely report. The financial services industry is indeed suffering from a huge trust deficit and it has to blame itself for it. It seems little has been learnt from the 2008 crisis. American and European banks continue to figure in one scandal after another. Speculation runs rampant and business ethics has become a meaningless phrase in the quest for profits. Small countries like Malaysia should insulate themselves from the corrosive influence of global behemoths which are trampling over financial propriety and destroying decades of hard-won public trust. This report should be taken seriously as it identifies brewing problems that can grow in scale and severity if left unattended.
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