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Market Ethics: Caught or Taught?

SEMINAR
Date: Monday 24th June, 2013
Time: 6.30pm
Venue: Crypt of St Paul's Cathedral

Our current financial system has placed banks as the creators, not simply the guardians, of our money supply. This has serious implications for the way in which we must formulate the purpose of the financial sector and it is clear that money is no longer just an objective measure of value and a token of exchange - if it ever was. But what has it become? Is its social purpose in danger of being lost? Following a series of three high-profile debates under the dome of St Paul's Cathedral, this seminar will explore the relationship between regulatory reform and broader issues of culture, purpose, identity and meaning in the financial sector.

The relationship between banks and society has been described in the aftermath of the financial crisis as a "social contract". But what is the objective of the contract, and what resources are available to us in distinguishing between 'good' and 'bad' cultures? Can regulatory vetting of financial professionals and remuneration codes ever be more than part of the answer? Why is it that positive behaviours evident in our private lives, such as caring for friends and family and engagement in the common good, sometimes do not seem to inform our business relationships? Ethics plays an important role in guiding behaviour in the workplace and developing our collective sense of what it means to succeed within the context of a market economy, but is ethics in the financial sector more about being taught, or caught?

Keynote Speaker: James Featherby, Chair of the Church of England's Ethical Investment Advisory Group.

Short responses from other guest speakers will be given on the night.

Chaired by Michael Quicke, Chief Executive of CCLA.

This event is free to attend but places are limited so do book early. To register please contact Robert Gordon on   or call 020 7489 1011.