Ethics Drives Sustainable Business

Kuala Lumpur, October 4th 2017 – In alignment with World Investor Week 2017 which is promoted by International Organisation of Securities Commission (IOSCO), MPFC organised a Professional & Ethics Conference at the Conference Hall 2, Securities Commission, Malaysia.

The conference focused on analysing the significance and importance of professionalism and ethics in the practice conduct of a financial planner. It is also highlighted the impact of conducting practice with integrity and lastly, classify and compare current business practice against professional conduct practice standards. The keynote address was delivered by Tan Sri Dato’ Dr Mohd Munir Abdul Majid, Chairman, Financial Services Professional Board who was also the Guest of Honour for the event. In his message, he highlighted the importance of assessing issues from an ethical perspective and highlighted the acid test both individuals and corporations must undertake when decisions are to be made that may have moral dimensions to satisfy. Michael Kok, President of MFPC said “In the 21st century, the narrative to operate ethically is increasingly important”. He elaborated on the need for financial planners and advisers to ensure that conducting oneself ethically should never be among the last items in their list of priorities. As the awareness about professionalism and ethics in financial planning is increasing among the Malaysian populace, the Council’s push for planners to conduct themselves with integrity remains an important agenda.

In essence this event is a call to join the dialogue on ethics and to improve the culture of doing what one thinks is always right. The Council is pleased that AIA Berhad was the strategic partner for the conference and it was supported by Life Insurance Association of Malaysia (LIAM), The Malaysian Insurance Institute (MII), CIMB Principal Asset Management Berhad, Phillip Capital and Association of Financial Adviser (AFA). MPFC aims to establish higher principles and ethical standard among financial professionals and is pleased that the event was attended by practising financial planners, legal practitioners, insurance practitioners; takaful consultants, regulators and academicians and university students.

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