Views on ethics and compliance PDF

Running head: VIEWS ON ETHICS AND COMPLIANCE
VIEWS ON ETHICS AND COMPLIANCE
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VIEWS ON ETHICS AND COMPLIANCE
The video features the Ted Talk delivered by Shefali Roy, who has worked as a Chief
Compliance Officer formerly and works as a Money Laundering Reporting Officer for Stripe
(YouTube 2018). In the video, Shefali presents her views about ethics and compliance sharing
her experiences in the field. She then presents a number of cases where questions of ethics and
compliance were put at stake.
Prior to watching the video, I had expected that it would be just another lecture on ethics
and the need to follow it in organizations. Ethics, to me was a topic that needed no explanation
because I was well aware of my own moral principles and things that I would do or not do.
However, the video changed my perception on ethics greatly. The speaker talks about the
way ethics influences our daily lives each day. She states that ethics influences us each day
without us realizing it. These things were not new to me but I ha perceived it as an employee or a
worker in a big organization. The speaker however compelled me to perceive it from the
viewpoint of an employer with the responsibility of cleaning up the mess, which are unethical
incidences. I had never pondered upon the thought that I could have my company and then I
would have the responsibility to incorporate ethics within the company. I would have to recruit
people based on the ethics I hold close and see whether I have any unconscious bias.
I could relate the video with the learning I have had during the course of my unit. I
learned that the topics of ethics and compliance are different and must not be confused as one. I
had a better understanding of the concepts of compliance and governance. It is important for an
individual and an organization to be ethically strong and not just have strong legal compliance.
The video also explained clearly that choosing between ethical but legally incompliant is the