The importance of ethics is becoming increasingly evident now more than ever, with CAANZ, CPA, and financial planners now incorporating mandatory ethics components as part of their continuing professional development requirements. But why is it so important? Understanding ethics in finance is essential to maintain trust, comply with regulations, serve clients effectively and ensure long-term success by making morally sound decisions. When financial professionals act with integrity and adhere to ethical standards, they build a strong reputation for themselves and their organisations.
Ethics plays a significant role in shaping and strengthening a profession. It is also important to reflect on how biases can affect and impact our moral judgement and decision making.
In this session we will lookback and reflect on the interaction between ethics and biases. we will revisit ethical theories, principles and framework and review how cognitive biases can impact ethical decision making and their application in practice for financial professionals.
Registration to this event includes:
About the presenter
Nidal Danoun, is the executive director of Prosperity Financial Services. He provides advice and training to organisations, businesses, and professionals in the areas of financial services regulation compliance, ethics, corporate governance, and culture. Nidal is also a lecturer at University of New South Wales Business School and at the Australian Graduate School of Management (AGSM) in the areas of wealth management, estate planning superannuation, and ethics, he is also a Certified Ethics Trainer with the CFA institute. Nidal regularly works and consults with regulators, large financial institutions, and accounting firms.
Nidal holds a Master of Commerce; he is a Chartered Accountant, a Fellow CPA Financial Planning Specialist, a Certified Financial Planner, Chartered Tax Adviser, and a member of the CFA Institute. Nidal has over 20 years’ experience in the financial services industry.