For several years, the New York Fed has drawn attention to culture and conduct in the financial services industry and encouraged the industry to work together to improve standards. To continue this initiative in a virtual environment, the Bank is hosting a series of webinars highlighting current work and scholarship in this area.
The first of these events, “Partnerships in Building Ethical Norms,” took place on October 19, 2020.
The webinar highlighted two initiatives in which the New York Fed has worked with the industry to promote ethical norms: the Education and Industry Forum’s case studies, which present ethical dilemmas faced by junior employees in financial firms, and the FX Global Code, a set of principles for participants in the international foreign exchange market published in 2017.
October 19, 2020
9:00am - 10:00am
The event was open to the public and the media. All remarks were on-the-record, unless otherwise noted, and the event was recorded.
| 9:00am-9:05am | Opening Remarks John C. Williams, President and CEO, Federal Reserve Bank of New York |
| 9:05pm-9:55pm | Panel—Partnerships in Building Ethical Norms Moderator: Thomas Noone, Counsel and Assistant Vice President, Federal Reserve Bank of New York William Boulding, Dean and J.B. Fuqua Professor of Business Administration, Duke University, Fuqua School of Business Emmanuelle Bury, Chief Compliance Officer, BNP Paribas Americas Maria Douvas, Managing Director, Legal & Compliance Division, Morgan Stanley Anna Nordstrom, Senior Vice President, Federal Reserve Bank of New York Jacqueline Welch, Chief Human Resources Officer and Chief Diversity Officer, Freddie Mac |
| 9:55am-10:00am | Closing Remarks John C. Williams, President and CEO, Federal Reserve Bank of New York |
