George Town, Cayman Islands, 26 September 2019 – The CFA Society Cayman Islands (“CFASCI”) and Cayman Islands Institute of Professional Accountants (CIIPA), are pairing up for the first-ever Global Corporate Ethics Challenge

The Challenge is a global initiative which has been carried out at the University and Secondary-school levels, but this will be the first Corporate Challenge internationally.   Leading the charge are CFASCI – Education & Membership team Siddhant Jain Jaiswal and Richard Maparura, and CIIPA’s Ethics Committee chaired by Craig Smith.

“The Ethics Challenge embodies the mission of the CFA Institute by promoting the highest standards of ethics, education and professional excellence”, says Richard Maparura, CFASCI Education and Members Chair. Siddhant Jain Jaiswal, CFASCI Ethics Challenge Coordinator explains “Participants gain experience in ethical decision-making, are exposed to real-world ethical dilemmas while sharing experiences and knowledge.”

Participants will be broken down into teams which will receive an ethics case study. The teams will have just over four weeks to meet, review and analyse the case study and prepare a presentation. On 29 November, the teams will present their analysis and recommendations to a panel of judges from the CFASCI, CIIPA, and the public sector.

CIIPA Ethics Committee Chair, Craig Smith says, “As professional accountants, we are entrusted with protecting the public interest which is why ethical decision-making is part of the foundation of our profession.”

CIIPA members interested in participating can register at www.ciipa.ky/CFA-Ethics-Challenge.

ABOUT CIIPA

Formerly CISPA, CIIPA was formed in the Cayman Islands in 1970 and has evolved into one of the largest professional organisations in the Cayman Islands with more than 1000 members. The organisation’s mission is to further the public interest through the regulation of the accounting profession, promoting the highest standards of professional and ethical conduct. CIIPA is a full of the International Federation of Accountants (IFAC), the worldwide organisation representing the profession, and prides itself on its role as both an educator and regular in the financial services industry.

ABOUT CFA SOCIETY CAYMAN

Our society is an association of local investment professionals. Consisting of portfolio managers, security analysts, investment advisors, and other financial professionals, we promote:

• ethical and professional standards within the investment industry,
• encourage professional development through the CFA Program and continuing education,
• facilitate the exchange of information and opinions among people within the local investment community and beyond, and;
• work to further the public’s understanding of the CFA designation and investment industry.

As one of CFA Institute member societies, our society connects members to a global network of investment professionals.