Cape Town - Transparency and fairness are sadly lacking in the financial services industry in general, so to have a sustainable business one must be able to defend it in face of increased regulatory investigation, according to Paul Smith, newly appointed CEO of CFA Institute, the largest global association of investment professionals.
He spoke to Fin24 during a recent visit to South Africa. The aim of his visit was to do a lot of industry outreach and talk to employers on how they can constructively work with CFA Institute to build the investment profession.
He wanted to find out what the industry needs are in SA and how local players can work progressively with institutes to build standards in the country.