16 April 2019
Getting Smarter About Scandals In The City
Speaker Professor Tim Connell
Background:The financial world is shaken at intervals by scandals or revelations involving activities which, although not strictly speaking legal, provoke a level of moral indignation. So what defences can be set up to ensure that corruption and scandal are to be prevented or at least avoided? Since the banking crash of 2008 in particular, compliance has become a major issue. Transparency, in turn, has become a rather over-used word, but is still a valuable concept. Smart Ledgers should prove to be a workable system that will cast light into dark corners and will prevent the continuing existence of what are sometimes referred to as Old Spanish Practices. It will hopefully reinforce confidence in companies, the system, and financial centres, which is all to the public good.
An honorary life fellow of Gresham College, Professor Tim Connell is an Emeritus Foundation professor from City, University of London, where he sat on Senate for many years. He is a graduate of Oxford, Liverpool and London universities, and has studied in Spain and Mexico. He also holds the degree of Doctor of Letters from City, University of London. His particular interest is in the field of professional training for translators and interpreters, where he works closely with the Chartered Institute of Linguists, of which he is a Fellow and a Vice-President, and is a regular contributor to the professional journal The Linguist.