Rotarians For Financial Integrity

Created: 2-Sep-2013

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Many experts believe that the world financial system includes significant flaws such as: shell corporations; tax havens; banking secrecy; and false transfer pricing. These flaws allow illicit financial flows that cause significant misery to ordinary people – particularly in developing countries. Most of these flaws are perfectly legal: the problem is that the laws establish a standard of behaviour that is well below the standard that The 4-Way Test requires.

These unethical transactions are often quite small - perhaps as little as a few hundred dollars - but they create much harm.  Individual Rotarians can practice financial integrity in their own vocations and can spread a culture of financial integrity in their Rotary clubs, professions, and communities.

Languages: 
English
Categories: 
Rotary Business