The World’s Only Independent Think Tank
focused on Financial Ethics

Seven Pillars Institute
for Global Finance and Ethics

Purpose > Profit

Finance is an Industry with a higher purpose than profit.

Seven Pillars Institute (SPI) is an independent think tank for research, education, and promotion of financial ethics. We are affiliated with the University of London – Queen Mary College.

About Seven Pillars

Education in
Financial Ethics


Aristotle believed ethics education starts from early childhood. SPI provides resources and teaching aids on ethics in finance for academics and students.

Learn More

To Support
Professional Practice


SPI educates professionals about the theory and application of financial ethics. We provide an ethics edge when it comes to spotting ethical issues, problem-solving and decision making.

Learn More

& Influence Ethical Progress on a Systemic Level


All levels of government should instill and apply ethics when engaging in financial activities. SPI offers ongoing education and professional speaking engagements.

Learn More

Ethics in Finance is Good

Support Our Continuity & Mission

Our mission is to promote and enhance the practice of ethics in finance, our quest, to make ethics an integral part of finance theory. Our research and educational resources are free to all users. SPI serves as the space for new ideas. Help us achieve our mission and quest with your financial support.

Our Resources

Industry leading resources are free to access with the support of our generous donors.

Case Studies

Rigorous analyses of diverse ethics cases.

Learn More

Ethics 101

The history and basics of ethics.

Learn More

Video Ethics Training

Our video series for financial ethics training.

Learn More


Moral Cents is the only financial ethics journal publishing articles in the field.

Learn More


Textbooks and book chapters authored by SPI’s President, Dr. Kara Tan Bhala.

Learn More


A comprehensive finance and ethics dictionary for all users.

Learn More


Speaking Engagements

Dr. Kara Tan Bhala has over 23 years of experience on the sell side and buy side of the finance industry, and years of training in moral philosophy. She has given speeches and lectures on financial ethics at universities, government institutions, and NGOs around the world.

 Contact Kara

Bursa Malaysia

Stock Exchange of Malaysia
Monday, February 6th.

Keynote – Women in International Business

International Trade Council of Kansas City
Wednesday, March 8th

Financial Ethics in the Age of Trump

University of Auckland School of Law
Tuesday, June 6th

The Global Business Ethics Symposium

Bentley University
June 15th, 2017

The Transparency Symposium

Mercer Consulting
September 28th, 2017


International Investment Management

Read the new and original book lead-authored by Seven Pillars Institute’s President, Dr. Kara Tan Bhala. The book synthesizes three theories of finance and gives a lucid explanation of ethics and its real-world application in investment management.

Read Preface | Order Book

The Business of Ethics

Dr. Kara Tan Bhala, President of Seven Pillars Institute, contributed a chapter to this handy, engaging and readily accessible volume. Contributors to the book span the academy, financial services, and industry. They include Nobel Laureate Professor Muhammad Yunus, the founder of Grameen Bank and originator of social business and microcredit, Charles Hamden-Turner the creator of Dilemma Theory and Emmanuel Lulin, Chief Ethics Officer of L’Oreal.

Check Out Contents | Order Book

Our Supporters


Collaboration with Queen Mary University of London

Seven Pillars Institute for Global Finance and Ethics (SPI) and the Centre for Commercial Law Studies (CCLS) at Queen Mary University of London have a collaborative affiliation in their work on ethics, law, and regulation in finance. The goal of the collaboration is to foster a dialogue on important ethical policy issues affecting the financial services industry.

The Prospect Think Tank Awards 2016 shortlisted and cited the research of Seven Pillars Institute (SPI) on climate change mitigation, praising its “deft work on eco-tourism”. The Awards are an annual recognition of the influential work carried out by think tanks across the globe.

Read More

Recent Posts

Globalization, Wealth Inequality...then Protectionism

  By: Andrea Gorga Is it fair to trade-off less local inequality for more global inequality? The links between globalization, wealth inequality, and protectionism are readily apparent from recent trends… Read More

Flooding the Swamp: The Case of Michael Catanzaro

Part IV of SPI’s Trump Financial Ethics Watch Series By: Geneva Decker Walter Shaub, former director of the Office of Government Ethics (OGE) had a difficult time getting the White… Read More

CETA: Free Trade for the Common Good

By: Andrea Gorga Introduction The EU-Canada Comprehensive Economic and Trade Agreement (CETA) went into effect on September 21, 2017. (European commission summary 2016). CETA included several innovative provisions, some which… Read More

​Donate to Seven Pillars

SPI welcomes donations from individuals and organizations.
Your support helps to better the financial industry,
ensuring it serves the common good.