2. Why is it important about ethics in finance
When you think about it , you realise that you put
your hard-earned savings in the care of financial
firms-asset managers, banks, insurance and all kind
of funds- and you trust them to look after me money.
You want the best return , but there is a balance
between risk and reward.
You need to feel confident that you can trust the
finance professional to act with integrity, in your
interest.
3. Financial Services Professionals job and mission is to
enable clients to grow and protect their wealth. This
means Millions of dollars of assets are involved.
The Financial Services industry is also highly regulated.
Regulation minimizes fraud, theft and misuse. Ethics
purifies the industry. Ethics set the standards of
excellence for professionals in financial services.
Ethics in the financial services industry affect
everyone…even consumers. If you are not a Financial
Services Professional, you’re a consumer of Financial
Services.
Ethics In Financial Service
4. ETHICAL ISSUES IN FINANCIAL
MARKET
Deception: act of misrepresenting relevant
information
Unsuitability
Unfairness in Markets
