The Ethics in Finance Robin Cosgrove Prize 2010-2011 has now been awarded. The ceremony took place in Geneva on 10th November 2011 –Robin’s birthday.

The Prize makes awards for creative, unpublished papers setting out innovative ideas for promoting ethics in finance. By encouraging young professionals to examine their attitudes, ideas and behaviour, the Prize has achieved a truly global presence and is a remarkable instrument for promoting sustainable measures for ethics in all aspects of finance.

The winners of the Global Prize, now in its third edition, are:

FIRST PRIZE: Ethics: A Diet For Highly Leveraged Financial Markets [10'000 USD] by Jakub Kuriata, Polish, and working as a Credit Risk Analyst at BNP Paribas, London;

SECOND PRIZE: The Reconciliation of Finance and Ethics: Integrating the Interior and Exterior Dimensions of Reality [5'000 USD] by Faly Ranaivoson, Madagascan, a Research Consultant in Geneva, and

THIRD PRIZE EX-AEQUO to two papers: Financial Derivatives and Responsibility – How to Deal Ethically with Financial Risk [2'500 USD] by Simone Heinemann, a German PhD student, and

Ethics vs. Finance? An analysis of the origins, problems and future perspectives of this relationship [2’500 USD] by Bruno Federico Fernandez, Economist - Central Office of Public Funds in the Ministry of Economy of Tucumán, Argentina

The winners of  the Ibero-American Prize, sponsored by MAPFRE of Madrid, and now in its second edition is won by:

FIRST PRIZE: Solidarity finance and the democratisation of money. [7'000 USD] by Nicolás Meyer, a Social Psychologist and Director of “Nuestras Huellas” a not-for-profit organization in Argentina.

SECOND PRIZE EX-AEQUO between three papers: Ethics vs Finance? An analysis of the origins, problems and future perspectives of this relationship [3'000 USD] by Bruno Federico Fernandez, Economist - Central Office of Public Funds in the Ministry of Economy of Tucumán, Argentina, and

A critical view of the financial sector and the behaviour of people: What to do? [3'000 USD] by Carlos Eduardo Estapé Viana, a Public Accountant in Uruguay, and

Decision: The space between the code of ethics and ethical behaviour [3’000 USD] by Carmen Lucia Carmona Paredes, Mexican, working as a finance consultant in London.

The best 8 papers are published today in a special issue of FINANCE & THE COMMON GOOD/BIEN COMMUN [Geneva, 2011].