This document outlines a training course on ethics in the global financial system. The course covers principles of the global financial system like integrity, reliability and transparency. It discusses when and how employees should speak up about unethical issues, and the potential outcomes of doing so, like investigations. It provides a scenario where a business owner learns about implementing controls and motivating employees to maintain ethics. The course aims to help users understand their role in safeguarding the global financial system through ethical practices.

1. Safeguarding the global
financial system

2. Course Contents
Course Introduction
Principles of global financial system
When should you Speak Up
How should you Speak Up
What happens when you Speak Up
Quiz

3. Upon completion of this course the user will be able to:
 Overview of global financial system.
 List the principles of global financial system
 Describe when an employee should speak up?
 Describe how an employee should speak up?
 List the potential outcomes when an employee speaks up?
Course Introduction - Learning Objectives

4. Course Introduction - Overview of Global financial system
The global financial system is the worldwide
framework of legal agreements, institutions,
economic actors (both formal and informal)
that together facilitate international flows of
financial capital for purposes of investment
and trade financing.

5. Scenario
Jammie is a business professional,
who started a new financial sector.
She met an adviser who has masters
in organisational legal and ethics to
build strong ethics and integrity in
her business. Let’s look at the
conversation between them.

6. Hi John! Thanks for meeting me here
today. I have opened a new financial
sector and want to protect and follow a
strong culture of strong ethics in my
business along with my employees. Do
you have strategies on how to achieve
this?
Of course, I could do that! I did
obtain a Master’s degree in Ethics
and Integrity.
We have a critical role to
play in safeguarding the
global financial system, so
we must maintain a
culture of strong ethics,
integrity, transparency and
openness. The first
important step is to
implement control
procedures.
The next equally important step is
to identify risks and monitor
weaknesses like certain employee
behavior and the financial system
to improve them.
That is a good point! Misconduct is
damaging for everyone. It exposes the
global financial system to significant
risks and can damage our financial
performance, reputation and the trust
of everyone who has an interest in
our business.
Scenario

7. Agree! By employees speaking
up help us to identify issues and
resolve them.
So, I should really motivate my
employees with philosophy and
ethics! Got it!
A good control environment is
created through effective
personnel policies like motivating
the employees to speak up when
they see anything which doesn’t
feel right. All these is possible by a
good managements drive to
achieve goals.
Gathering information about each element and
analysing external conditions help management decide
how to operate moving forward. You do not need to be
certain that misconduct has occurred before Speaking
Up, if you have done so honestly and in good faith.
Remember, the Bank will not tolerate any form of
victimisation against you for Speaking Up. Victimisation
is viewed seriously and is grounds for disciplinary action.
Ok…now I understand how
important Ethics are for a
business. Thank you very
much for explaining.
Scenario

8. Scenario
Jammie is now understood the
critical role to play in safeguarding
the global financial system. Here is
some more information on the
principles of ethics in the financial
system.

9. Principles of global
financial system
The main goal of these banking ethics principles is to safeguard material
damages and losses and to supervise public benefits and social value in
environmental protection.
 Integrity
 Reliability
 Transparency
 Openness
 Neutrality

10. When should you speak up (1/2)?
Speaking Up is a safe, confidential way to let us know if you see anything which doesn’t feel right. Some
examples of when you should speak up include if you see anyone:
Violation of ethical
standards
Violation of
Organizational polices
Abusive Behavior Discrimination

11. When should you speak up (2/2)?
Continuation….
Misuse of confidential
information
Bribery Theft Sexual harassment

12. How should you Speak Up?
Always Consult Act Role model

13. What happens when you Speak Up?
Investigation
Identify Type of Risk
Acknowledge and
Implement controls

14. Thank you!
Quiz

15. Quiz
Number of Questions : 5
Passing score : 80%
Number of attempts : 2
START

16. Knowledge Check – Question 1
Behaving ethically can _____
A. Lower likelihood of lawsuits and criminal
charges
B. Reduce transaction costs
C. Lead to higher market value
D. All of the above

17. Knowledge Check – Question 2
Ethical systems (better examples and reduced systemic conflicts) have been shown to
reduce unethical behavior
A. True
B. False

18. Knowledge Check – Question 3
Which of the following are potential ethical issues in the workplace?
I. Bribes
II. Harassment
III. Whistleblowing
A. I, II and III
B. I only
C. II only
D. I and II only

19. Knowledge Check – Question 4
After you've identified an ethical issue in the workplace, you should proceed to _____.
A. Evaluate it
B. Resolve it
C. Hide it
D. Ignore it

20. Knowledge Check – Question 5
How can you work to resolve ethical issue in the workplace?
I. Consult a superior
II. Consult the company handbook
III. Understand the law surrounding the issue
A. I, II and III
B. I only
C. I and II only
D. III only

21. That brings us to the end of
this course. Thank you for
taking this course!