School of Intelligence London Interbank Offered Rate Business
You are newly appointed as an Ethics and Compliance Officer at an established Investment Bank. Your first task is to investigate the LIBOR Scandal involving some of the largest and powerful banks in the world AND to present your findings to the Compliance Department at the Bank. Your research methodology, investigation and analysis should cover the background to the issue, the ethical dilemmas and relevant information from credible sources and be referenced using the Harvard Referencing Style. The research should cover
– Coverage of the issue by philosophers and media in the past
– Ethical concerns, such as bias, truth, justice, fairness, economic considerations
– EDM models (Ethical Decision Making)
– Stakeholder impact theories
– Legal considerations
– Professional considerations
– Code of corporate Governance
– Professional codes
– Code of ethics
– Opinions of experts in the field
Case Study Report (25 marks)
Prepare a detailed report analysing the given case. Reports should be 3,500 words (excluding table of contents, bibliography, and references), double-spaced typewritten, with graphs and illustrations, if necessary. Your report must contain the following elements:
1)Background of the scandal (2 marks)
2)Triggers and Timeline of events (4 marks)
3)Consequences of scandal (4 marks)
4)Detailed literature review- analysis using philosophical theories, EDM, governance and professional codes (6 marks)
5)Key missing Governance pieces (2 marks)
6)Company’s ethical culture (2 marks)
7)Lessons to be learnt (2 marks)
8)Conclusion (3 marks)