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The economic crisis was a failure of personal integrity from beginning to end. The consequences are massive financial regulation. Regulation can, however, only fix a given problem at a particular moment and becomes obsolete over time. These are the words of Charles Cronin, head of the CFA Institute Centre for Financial Market Integrity for the Europe, Middle East and Africa (EMEA) region, who was guest speaker at the first conference of the Luxembourg Institute of Global Financial Integrity (LIGFI). We spoke to him after the conference.
What were the main messages you were addressing to the audience?
My main messages were the importance of ethics and the acceptance of ethical behaviour by the financial services industry. Until that is accepted the service...
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