The ethics of lending

By Anonymous
This week’s dilemma sees a financial institution facing the dilemma of whether or not to lend, and support a brothel's payment systems.

This week’s dilemma sees a financial institution facing the dilemma of whether or not to lend and support a brothel's payment systems. 

The brothel is a legally compliant business. The lender has no moral objections to prostitution but rather it comes with known risks of modern slavery and money laundering. Sex workers have a right to a job with a legally compliant business. 
 
Would you lend the money and take on this business as a customer?

We encourage you to post your answers in the comments so we can create a healthy discussion, with the aim of learning from our peers, becoming aware of differing perspectives and challenging our own biases.
 
Please share your ethical dilemmas with us - we can post them anonymously. You can email your dilemmas to dilemma@thebfo.org


Photo by DESIGNECOLOGIST on Unsplash

 

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The Oath

  • Trust is the foundation of my profession.
  • I will serve all interests in good faith.
  • I will compete with honour.
  • I will pursue my ends with ethical restraint.
  • I will help create a sustainable future.
  • I will help create a more just society.
  • I will speak out against wrongdoing and support others who do the same.
  • I will accept responsibility for my actions.

In these and all other matters;
My word is my bond.

The Vision

A banking and finance industry that meets the community’s needs and has its full confidence thereby fulfilling its integral role in society.