Observatoire de la Finance

On 12 June 2025, #PaulDembinski gave his farewell lecture as professor at the Université de Fribourg - Universität Freiburg. Paul, economist-turned-ethicist, has many achievements relevant for practitioners and academic alike, not least founding and chairing the Geneva-based Observatoire de la Finance, which promotes awareness of ethical concerns in financial activities and professions. He co-chairs the Jury of the Global award “Ethics & Trust in Finance for a Sustainable Future”, of which I am a proud member. His farewell lecture "Pistes pour penser l'avenir en des temps d'incertitudes" contain deep thoughts on avenues for thinking about the future in these uncertain times. The recording is available here (in French): https://lnkd.in/edqyaZMH cc Virgile Perret, Ph.D

L'Observatoire de la Finance a le plaisir d'annoncer la publication par TA-SWISS d'une nouvelle étude: « Nouveaux francs numériques, l’argent du futur ? » Face à la numérisation du secteur financier et l’émergence des "cryptomonnaies", certains Etats et acteurs privés envisagent de créer de nouvelles formes d’argent basées sur la cryptographie. Qu’en est-il de la Suisse ? Pour la première fois, une étude explore en détail quatre variantes possibles de "francs numériques": les stablecoins émis en francs par des acteurs privés réglementés ; les dépôts tokenisés émis par les banques ; la monnaie numérique de banque centrale destinée au public ; la monnaie synthétique de banque centrale (stablecoins garantis par la banque centrale). Chacune des ces variantes soulève des enjeux sociaux, politiques, juridiques, technologiques et environnementaux qui sont analysés dans cette étude interdisciplinaire, à laquelle l'Observatoire de la Finance a contribué. L’étude (en allemand) et une synthèse (en français, allemand italien et anglais) peuvent être téléchargés gratuitement ici : https://lnkd.in/eYifJdNf Auteurs: Prof. Corinne Zellweger-Gutknecht, Virgile Perret, Ph.D, Sandra S., Prof. Dr. Michael Derrer, Cornelia Stengel & Prof. Paul Dembinski. Nos vifs remerciements à la cheffe de projet Laetitia Ramelet et aux membres du groupe d’accompagnement pour leur engagement et leurs apports précieux: Stefan Vannoni, Romain Baeriswyl, Markus Brönnimann, Pascale Bruderer, Mirjam Eggen, Elizabeth Ehrensperger, Martin Hess, Margit Himmel, Mathias Imbach, Iselin David, Jörg Mäder, Thomas Müller, Inke Nyborg, Samuel Schmassmann, Babette Sigg Frank, Tobias Trütsch, Ph.D.

In partnership with UN SDG Action Campaign, the Observatoire de la Finance is publishing an online conversation on the topic "Debt in the Global South", with the participation of Marina Ponti (Global Director of the UN SDG Action Campaign) and Anazuo Salihu (Prize winner of the 8th edition of the global Prize Ethics & Trust in Finance, Lecturer and Researcher at Prince Abubakar Audu University). Why are so many developing countries facing rising debt burdens this decade? The rising cost of sovereign debt has led to a worsening of external debt sustainability, leading developing nations to delay important investment in favor of debt servicing. What could/should be done to stop this vicious circle? To what extent a modern version of the Jubilee could inspire strategies for a more “just” and equitable system of debts? These are some of the questions being discussed. ➡️ Watch the recording here: https://lnkd.in/eHPRnNRg Reminder: the deadline for submission to the Global Prize Ethics & Trust in Finance is 17 March 2025. It is time to submit! Josina Kamerling, Jon Stokes, Stephane Bernard, Adam McLean, Pekka Dare, Rob Phillipson, Henri-Claude de Bettignies, Christopher de Mattos, Eelco Fiole, Dominique Jacquet, Robin Jarvis, Jean Laville, Geneviève Lhomme, Róża Milic-Czerniak, Ross Murdoch, Clare Payne, Marta Rocchi, Leire San-Jose, Nathan Sussman, Dr. Kara Tan Bhala, Bernd Villhauer, Joël Wagner, David W., Jean-Christophe Pernollet, Virgile Perret, Ph.D CFA Institute, Euroclear, International Compliance Association, Pictet Group The Chartered Institute for Securities & Investment (The CISI), FEBEA - European Federation of Ethical and Alternative Banks and Financiers, EFPA Europe │ European Financial Planning Association, Global Alliance for Banking on Values, International Ethics Standards Board for Accountants (IESBA), IFAC, Seven Pillars Institute for Global Finance and Ethics #ethicsinfinance

In partnership with CFA Institute, the Observatoire de la Finance is organizing a series of 5 online conversations on "hot issues" in ethics in finance. Each of these conversations takes place between a CFA Charterholder and one or two previous winners of the Global Prize Ethics & Trust in Finance. We’re glad to announce the publication of our fourth online conversation on “Ethical Issues in Business Governance and Conduct", with the participation of CFA Charterholder Jean-Francois Bouilly, CFA, CIPM, and previous winner Florian Barras, PhD. Do we see a shift from a shareholder dominant approach to a stakeholder-oriented corporate governance? How can the interests of shareholders be aligned with that of other stakeholders? What are the primary ethical challenges financial institutions face when integrating ESG principles into their governance frameworks? How can regulators ensure that businesses adhere to ethical practices in their governance and ESG commitments? These are some of the questions being discussed. ➡️ Watch the recording here: https://lnkd.in/eHPRnNRg Reminder: the deadline for submission to the Global Prize Ethics & Trust in Finance is 17 March 2025. It is still time to register! ➡️ https://lnkd.in/eBfzA4a9 Thank you for the support CFA Institute! Josina Kamerling, Jon Stokes, Stephane Bernard, Adam McLean, Pekka Dare, Rob Phillipson, Henri-Claude de Bettignies, Christopher de Mattos, Eelco Fiole, Dominique Jacquet, robin jarvis, Jean Laville, Geneviève Lhomme, Róża Milic-Czerniak, Ross Murdoch, Clare Payne, Marta Rocchi, Leire San-Jose, Nathan Sussman, Dr. Kara Tan Bhala, Bernd Villhauer, Joël Wagner, David W., Jean-Christophe Pernollet Euroclear, International Compliance Association, Pictet Group The Chartered Institute for Securities & Investment (The CISI), FEBEA - European Federation of Ethical and Alternative Banks and Financiers, EFPA Europe │ European Financial Planning Association, Global Alliance for Banking on Values, International Ethics Standards Board for Accountants (IESBA), IFAC, Principles for Responsible Management Education (PRME), Seven Pillars Institute for Global Finance and Ethics #ethicsinfinance

In partnership with CFA Institute, the Observatoire de la Finance is organizing a series of 5 online conversations on "hot issues" in ethics in finance. Each of these conversations takes place between a CFA Charterholder and one or two previous winners of the Global Prize Ethics & Trust in Finance. We’re glad to announce the publication of our third online conversations on the topic “Ethics and Sustainability in Finance”, with the participation of CFA Charterholder Jose Valer Davila, and previous winner Julie Segal. Does sustainable finance approach ethics in a genuine way? To what extent does ethics vary according to different regions and cultures and what could be the implications for sustainable finance? Who should enforce ethical considerations within the growing field of sustainable finance? These are some of the questions being discussed. ➡️ Watch the recording here: https://lnkd.in/eHPRnNRg Reminder: the deadline for submission to the Global Prize Ethics & Trust in Finance is 17 March 2025. It is still time to register! ➡️ https://lnkd.in/eRBQV3c4 Thank you for the support CFA Institute! Josina Kamerling, Jon Stokes, Stephane Bernard, Adam McLean, Pekka Dare, Rob Phillipson, Henri-Claude de Bettignies, Christopher de Mattos, Eelco Fiole, Dominique Jacquet, Robin Jarvis, Jean Laville, Geneviève Lhomme, Róża Milic-Czerniak, Ross Murdoch, Clare Payne, Marta Rocchi, Leire San-Jose, Nathan Sussman, Dr. Kara Tan Bhala, Bernd Villhauer, Joël Wagner, David W., Virgile Perret, Ph.D Euroclear, International Compliance Association, Pictet Group The Chartered Institute for Securities & Investment (The CISI), FEBEA - European Federation of Ethical and Alternative Banks and Financiers, EFPA Europe │ European Financial Planning Association, Global Alliance for Banking on Values, International Ethics Standards Board for Accountants (IESBA), IFAC, Principles for Responsible Management Education (PRME), Seven Pillars Institute for Global Finance and Ethics,  #ethicsinfinance

🗓️ Save the date : la cérémonie de remise des prix du concours francophone Éthique, Finance et Confiance 2024-2025 aura lieu le jeudi 25 mars entre 15h30 et 20h à KEDGE Business School à Paris !   📍 Au programme : les résultats de notre concours mais aussi des tables rondes : 🍃 « Ouvrir la "boite noire" des modèles financiers », un éclairage sur les hypothèses implicites des modèles financiers et comment elles façonnent l'éthique des acteurs et la morphologie du système financier. ⚖️ « L'éthique dans l'exercice du conseil financier et patrimonial », un centrage sur ce qu’est l’éthique et que peut être l’éthique appliquée au conseil financier.   🎙️ De nombreux intervenants de haut niveau prendront la parole : Yamina Tadjeddine (Université de Lorraine), Laurence Scialom (EconomiX UMR7235, Université Paris Nanterre), Jézabel Couppey-Soubeyran (Université Paris 1 Panthéon-Sorbonne), Yannis Constantinidès, agrégé et docteur en philosophie (professeur à l’École Boulle - École Supérieure d'Arts Appliqués et Lycée professionnel et l’Espace éthique Ile de France) et Ute Meyenberg (Commission Durabilité de l’AUTORITE DES NORMES COMPTABLES et de l’EFRAG).   🏆 Cette conférence sera introduite par le professeur Paul Dembinski, qui remettra également le prix à 17h50 avec Thomas LAGOARDE SEGOT, professeur à KEDGE Business School, qui préside le concours.   ⚠️ L’inscription est obligatoire ! 👉 En présentiel (avant le 19 mars) : https://lnkd.in/e6FgC7EH 👉 À distance : https://lnkd.in/e6iniBiT      

In partnership with CFA Institute, the Observatoire de la Finance is organizing a series of 5 online conversations on "hot issues" in ethics in finance. Each of these conversations takes place between a CFA Charterholder and one or two previous winners of the Global Prize Ethics & Trust in Finance. We’re glad to announce the publication of our second online conversations on the topic “Ethics, Fintech & AI”, with the participation of CFA Charterholder Eelco Fiole, and previous winner Anshuman Mehta. What are the potential risks related to the use of AI in finance? Do users have a “right to explanation” for decisions made by algorithms? What is the priority at this stage, regulation or innovation? These are some of the questions being discussed. ➡️ Watch the recording here: https://lnkd.in/e2W2n4dc Reminder: the deadline for submission to the Global Prize Ethics & Trust in Finance is 17 March 2025. It is still time to register! ➡️ https://lnkd.in/eRBQV3c4 Thank you for the support CFA Institute! Josina Kamerling, Jon Stokes, Stephane Bernard, Adam McLean, Pekka Dare, Rob Phillipson, Henri-Claude de Bettignies, Christopher de Mattos, Eelco Fiole, Dominique Jacquet, Robin Jarvis, Jean Laville, Geneviève Lhomme, Róża Milic-Czerniak, Ross Murdoch, Clare Payne, Marta Rocchi, Leire San-Jose, Nathan Sussman, Dr. Kara Tan Bhala, Bernd Villhauer, Joël Wagner, David W., Virgile Perret, Ph.D Euroclear, International Compliance Association, Pictet Group The Chartered Institute for Securities & Investment (The CISI), FEBEA - European Federation of Ethical and Alternative Banks and Financiers, EFPA Europe │ European Financial Planning Association, Global Alliance for Banking on Values, International Ethics Standards Board for Accountants (IESBA), IFAC, Principles for Responsible Management Education (PRME), Seven Pillars Institute for Global Finance and Ethics, #ethicsinfinance

In partnership with CFA Institute, the Observatoire de la Finance is organizing a series of 5 online conversations on “hot issues” in ethics in finance. Each of these online conversations takes place between a CFA Charterholder and one or two previous winners of the Global Prize Ethics & Trust in Finance. We’re pleased to publish the first of these conversations on “Ethics & business conduct”, with the participation of CFA Charterholder Vic Elsen, CFA, CAIA, and previous winners Andrea Longton, CFA and Mehtab Rose. To what extent can ethical principles be imbued within financial regulations? How to find a balance between regulation and innovation? How can we support ethical behavior in business organizations while maintaining a balance between profit and ethics? These are some of the questions being discussed. ➡️ Watch the recording here: https://lnkd.in/eHPRnNRg The next online discussion on AI & Fintech in finance will be online next week! Reminder: the deadline for submission to the Global Prize Ethics & Trust in Finance is 17 March 2025. It is still time to register! ➡️ https://lnkd.in/eRBQV3c4 Thanks for the support CFA Institute! Josina Kamerling, Jon Stokes, Stephane Bernard, Adam McLean, Pekka Dare, Rob Phillipson, Henri-Claude de Bettignies, Christopher de Mattos, Eelco Fiole, Dominique Jacquet, robin jarvis, Jean Laville, Geneviève Lhomme, Róża Milic-Czerniak, Ross Murdoch, Clare Payne, Marta Rocchi, Leire San-Jose, Nathan Sussman, Dr. Kara Tan Bhala, Bernd Villhauer, Joël Wagner, David W., Virgile Perret, Ph.D Euroclear, International Compliance Association, Pictet Group #ethicsinfinance

📌Check out recent EFPA publications: https://smpl.is/8jjdp #efpa #financialplanning #sustainablefinance #financeresearch #cpd Observatoire de la Finance

👉Are you passionate about ethics ⚖️ and finance 📈? 👉Do you have innovative ideas about the social value of financial activities? Here is a chance to be heard. 😱 The Prize 🏆 ¨Ethics and Trust in Finance for a Sustainable Future¨🏆 promotes new ways of thinking about the big challenges facing the global economy. As a worldwide program running since 2006, it works with inspiring minds from across the financial and academic ecosystems to conceive of new models and shape better practices that strengthen the foundations upon which we build our world. EFPA would like to encourage ✔️ all professionals and academia ✔️ under 35 years of age to register to this bi-annual event organised by 🌟Observatoire de la Finance 🌟 and to submit ✔️unpublished contributions on issues related to ethics and trust in finance, in the form of essays (3’000-5’000 words) or in the form of ✔️ videos (15-20 minutes). An international jury, comprising of prominent experts in finance and ethics, will designate in 2025 one or more prize winners and allocate the sum of USD 15’000 between them. 📅The deadline for submission is 17 March 2025.📅 The mission of this bi-annual competition is to promote greater awareness among young people globally of the importance of strengthening ethics and integrity in the finance sector, and to accelerate the transition to a sustainable financial system. Now in its 10th edition, the Global Prize is organised by the Geneva-based Observatoire de la Finance. The competition organised by 🌟Observatoire de la Finance 🌟,is open to all professionals, students, researchers and academics under the age of 35, whatever their discipline. Register here: https://smpl.is/9tmux More information about the Prize: https://smpl.is/9tmuv Your article or video in English may be among the finalists! Invite your friends or colleagues and make a small team - up to 3 authors per submission. This competition is a real opportunity: 🌟to have your work published and recognised internationally, with $15,000 at stake. 🌟to boost your career as winner of this renown competition 🌟to contribute to a more ethical future for finance. We wish you best of luck. #ethics in #finance for #betterfuture #observatoiredelafinance #ethicsinfinance #anniversary