Live at Radio City Hall today, Dennis Nally says trust is at the heart of key solutions we need to turn the current global crisis around.
Transparency is the lifeblood of investment. Backroom deals may have done us all in, but openness and renewal of trust can again lead us out into freedom, for networks of ongoing renewal.
Global activity is forecast to perform up to 4% real growth in 2010. The world economy is starting to turn around, and so the time is ripe for renewed approaches to lay finer financial foundations. Transparency and convergence will help us to build forward in the future. How can it happen?
Rather than several sets of rules, standards and regulations we need one set of standards – stated in understandable language. It’s time to simplify the complex financial rules that shut out understanding, and lead to mistrust and confusion.
At last, we have a clarion call for simplicity that adds intelligence.
What roads are you rebuilding toward more trust and transparency where you work?