CFA Institute unveils new project

By Kim Yoo-chul

The CFA (Chartered Financial Analyst) announced Thursday it has launched a new project dubbed the ``Future of Finance.’’

The project was aimed at motivating and empowering the world of finance to commit to improving fairness and personal integrity, said the institute.

``The global financial industry can be an extraordinary force for good, but there is much work to be done to shape the industry for future generations,’’ said Chairman of the Future of Finance Advisory Council John Kay.

``This project is designed to engage professionals and investors in and outside of finance to help solve problems with the global financial system. We can affect positive change in finance, but change starts with all of us _ industry leaders, financial professionals, government agencies, financial regulators and the public. It’s an ambitious project that aims not just to gather the best ideas, but to make them a reality,’’ he said.

The project is focused on six primary themes _ putting investors first; safeguarding the system; retirement security; financial knowledge; regulation and enforcement; and transparency and fairness, according to the press release.

The CFA Institute is an association of investment professionals that sets the standard for professional excellence and credentials. It has more than 114,000 members in 137 countries and territories, including 106,756 CFA charter-holders, and 138 member societies.