Moral suitability as a sine qua non requirement for the authorization of a company in the financial system: An objective look at the subjective criteria of the regulator
DOI:
https://doi.org/10.15381/lucerna.n2.22933Keywords:
Ethics, government corporate, regulation financialAbstract
This article raises troubling questions about the regulatory “moral suitability” requirements for an specific type of business: financial institutions. It is based on an analysis of the regulations relating to the financial and insurance systems which, among others, incorporate evaluation criteria such as the technical and moral suitability applied to the representative of a financial company. The concept of ‘moral suitability’ is analyzed from a philosophical point of view, and in the same way, the relevant legislation is evaluated in the review of comparative law. Finally, we share a brief approach of the principles of public morality and, finally, an analysis of the sentences that address the issues of moral and ethical relevance in Peru.
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Copyright (c) 2022 Gloria María Acosta Alvarez de Hoyle
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