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Regulatory matters

16 March 2018 / John Gould
Issue: 7785 / Categories: Features , Regulatory
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John Gould explains why honesty & integrity are not the same

  • The relationship between two concepts: honesty and integrity.
  • Clear ethical standards are the foundation of our profession and the basis of the public trust upon which our profession depends.
  • Distinguishing between the two, integrity is the standard that matters for the regulation of our profession.

You might have thought that what it means to act honestly or with integrity wouldn’t have been in much doubt since the days when Adam came to realise that serpents weren’t to be trusted to the ends of the Garden of Eden. You would, however, be wrong. Ethical standards change according to time and place. If there had been a Viking Code of Conduct, no doubt successful murder and pillage would have been required outcomes and the particularly harsh treatment of monks an indicative behaviour.

The same, of course, is true of the standards of conduct generally. Once, a solicitor who kept clients’ money in his own bank account and acted as a banker would not have been

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MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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