IslamicFinance.de

The call to set up a Royal Commission on Banking has set in motion the debate on ethics in banking and finance, and the possible remedies to overcome the problem of unethical conduct. It is accepted that the problem is systemic, and yet the remedy suggested is at the individual level - for example the Banking + Finance Oath. The latest Panama Papers scandal dwarfs the past scandals yet again. As long as the money banks can make out of the deals is in excess of the fine they pay, such scandals will continue.