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PRCA writes to government urging reform of utterly unfit lobbying rules

Business ethical behaviour and why it matters

Business ethical behaviour and why it matters
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The time is now for organisations to refresh their culture and values

The time is now for organisations to refresh their culture and values What is city talk? whatsapp Shutterstock In 2015, ICAS launched its business ethics initiative – The Power of One – which highlights ethics is at the heart of the professional responsibilities of ICAS Members. ICAS has since published a series of publications, guidance and resources as part of The Power of One initiative. The Power of One publication ‘Organisational culture and values’ highlights that leaders of all organisations must ensure that ethics and integrity are seen to transcend all other organisational objectives and strategies. Organisations need to drive trust and ethical behaviour is key.

Are CEOs really the best people to set the compliance example?

By Neil Hodge2021-02-18T16:14:00+00:00 Last week wasn’t a great one for high-profile leaders in the business world. KPMG UK Chairman Bill Michael was forced to resign after his motivational speech to employees went off the rails (and public) when he told staff to “stop moaning” about the impact of the COVID-19 pandemic and lampooned unconscious bias as “complete crap.” Meanwhile, Bank of England Governor Andrew Bailey found himself in a heated argument with Members of Parliament over a “misunderstanding” that he had tried to have his name removed from a critical report published in December that found him personally responsible for the cultural failings at the Financial Conduct Authority (where he was CEO at the time) which contributed to its inability to spot major frauds, such as the collapse of London Capital & Finance in 2019. He denied the charge, only for the report author former Court of Appeal Judge Dame Elizabeth Gloster to contradict him, show her evidence,

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