The Tribune

The Bahamas Financial Services Board (BFSB) will host the third part of its Competitiveness Conclave series on October 29, focusing on ethics within the financial services industry.

The half-day seminar is being held in collaboration with the CFA Society of the Bahamas, and will take place in the Victoria Room of the British Colonial Hilton Hotel, starting at 10am.

It will be held under the theme: ‘In From the Wild – Civilising the financial services industry through ethical decision making’.

BFSB chief executive, Aliya Allen, said: “Financial services is often seen as the last bastion of the Wild, Wild West.

“The crisis of confidence and trust post the economic crises gave us the impetus for recalibration. The Bahamas’ financial services industry trades on the trust and loyalty of its clients, and it is this trust and loyalty that is essential to the reputation of the jurisdiction and to building longevity in our client base.”

The guest presenter will be Dorothy Kelly, director,of the training and outreach professional conduct programme, at the CFA Institute.

Her duties include providing on-going training and education to the Disciplinary Review Committee that is responsible for enforcing the CFA Institute Code of Ethics and Standards of Professional Conduct for more than 250,000 members and candidates.

A graduate of the Johns Hopkins University, Ms Kelly has studied in both Madrid and Paris. She holds an MBA degree from the Darden Graduate School of Business at the University of Virginia.

Andrew Strachan, president of the CFA Society of the Bahamas, said: “Ethical conduct must be the ‘new normal’ in financial services. We invite members and, indeed, the sector at large to support this event.”