Students must understand what professional ethics mean, and why it is wrong if bankers, accountants and lawyers act in a way that exploits loopholes in regulations. Ethics like trust and sharing can be discussed, to see how finance can be a win-win industry, rather than a win-lose. Cultural diversity, and different cultural perspectives on finance should be allowed to enrich the discussion.

Source: Guest blog: have universities gone offshore with finance theory and teaching? – Tax Justice Network