"[The prize] promotes greater awareness among young people throughout the world concerning the benefits of ethics in finance, and encourages high-quality management of banking, insurance and financial services based on trust and integrity.

Launched in 2006 and now in its 6th Edition, the global competition for the Prize for Innovative Ideas for Ethics & Trust in Finance is open to young people, aged 35 years or younger, from throughout the world. The competition invites creative papers, which may be submitted in English or French, setting out analyses or proposals for innovative ways to promote ethics & trust in finance. The Jury allocates the prize money of USD 20,000 among the winners."

[COMMENTARY] I’ve been promoting this prize almost since it’s inception. It’s a very worthy endeavour and I encourage those under 35 with an interest in this subject to submit their ideas! The fact that Christine Lagarde, IMF’s Managing Director has been involved, demonstrates the importance of what the prize is attempting to do. For entering the competition or information on the prize, go toEthics & Trust in Finance Prize.