Ethical culture: Developing a culture of responsibility in a regulated environment

With the culture of financial services organisations a key focus of public and regulatory concerns, our ethical guidance series is intended to provide a helping hand to individuals and firms across insurance and financial services. The introduction in the UK in March 2016 of the new Senior Managers & Certification Regime (SM&CR - for banking) and Senior Insurance Managers Regime (SIMR- for insurance) brings a renewed focus on culture for firms and personal responsibility for individuals.

Ethical culture: Developing a culture of responsibility in a regulated environment, which is the sixth paper in the CII ethical culture series, considers how financial services regulation impacts on the development of an ethical culture and is an update version of 2013 CII guidance Ethical culture.