Banking and finance oath

  • What are the 5 banking ethics?

    The ethical banking movement includes: ethical investment, impact investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement, ethical consumerism, and social enterprise..

  • What is ethics in banking and finance?

    Ethical banking involves consciousness of how banking practices affect society and the environment.
    Financial institutions that emphasize ethical practices seek profit like any other financial institution.
    However, they strive to generate earnings without sacrificing principles or causing harm..

  • What is ethics in the financial sector?

    Ethics in finance is a prevailing topic of discussion and observation within the industry.
    It is the set of standards that professionals must hold themselves to as they conduct their business in order to maintain a sense of trust and confidence with their clients, colleagues, and the public..

  • What is the bankers oath in the Netherlands?

    Bankers' Oath
    I will keep confidential that which has been entrusted to me; I will not abuse my knowledge; I will act openly and accountably and I know my responsibility to society; I will make every effort to retain and improve trust in the financial sector..

  • What is the banking and finance oath?

    Trust is the foundation of my profession.
    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..

  • What is the banking 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..

  • What is the code of ethics in banking?

    Integrity, honesty and ethical conduct.
    A work environment free of Conflicts of Interests.
    Fair, accurate, timely and understandable disclosure to the public.
    Respecting banking secrecy law and protecting confidential information..

  • Why is banking ethics important?

    Ethical banking encourages transparency, helps build strong communities, and establishes a set of principles and ideals that govern how and to whom finances flow..

  • Why is ethics important in banking business?

    We depend on people to run our business and to reflect our ethical standards.
    We have to let our people know what is expected of them and help them to avoid pressures and temptations.
    A bank's responsibility extends to Government, customers, shareholders, staff and the community..

  • Why is the code of ethics important in the banking industry?

    To summarize, it sets forth high standards of conduct on matters such as potential conflict of interest, acting in a manner that does not harm the reputation of the institution, and ensuring the confidentiality of customers and transactions..

  • Ethical banking involves consciousness of how banking practices affect society and the environment.
    Financial institutions that emphasize ethical practices seek profit like any other financial institution.
    However, they strive to generate earnings without sacrificing principles or causing harm.
  • Ethics in finance is a prevailing topic of discussion and observation within the industry.
    It is the set of standards that professionals must hold themselves to as they conduct their business in order to maintain a sense of trust and confidence with their clients, colleagues, and the public.
  • The ethical banking movement includes: ethical investment, impact investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement, ethical consumerism, and social enterprise.
  • The review of literature revealed that there are numerous ethical issues prevalent in the banking industry, like lack of proper ethics training, trust and transparency issues, growing pressure of competition, complexity of banking operations, issue of money laundering, and so on.
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.
A weekly hypothetical to get you thinking about the rights, wrongs, and somewhere-in-the-middles of professional situations. What would you do  The OathTake the OathThe Oath explainedSignatories
The BFSO is an effort to improve our society by building trust and confidence in the financial services industry by strengthening the moral and ethical foundation beyond regulation, compliance and any professional standards, and by broadening expectations and discussions to include ethics, integrity and honesty.
The Oath Sydney, NSW 2000, Australia. ABN: 83 637 740 533. Copyright © Banking and Financial Services Oath 2012- 2023.The OathTake the OathThe Oath explainedSignatories
Trust is the foundation of my profession. 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.
Trust is the foundation of my profession. 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.
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.

What is an oath?

An oath, moreover, has been taken, as well on our part as on the part of the barons, that all these things aforesaid shall be observed in good faith and without evil disposition

Witness the above- mentioned and many others

What is ING Bank oath?

The oath contains a set of principles affirming the banking industry’s commitment to maintain high standards of ethical behaviour

ING Bank recognises that complying with these principles will be an on-going process

Application of the Dutch Banking Code by ING Bank N

V (FY2021)

What is the banking and Financial Services Oath?

While regulation and corporate systems work top down, these are individuals seeking to drive change bottom up

” The Banking and Financial Services Oath (BFSO) is a unique industry-led initiative that provides those working in financial services with a mechanism to reflect on what it means to behave ethically, and with integrity

Why do Accountants take an oath?

Accountants take an oath that’s covered more by the code of ethics than any legally binding agreement

That oath enables businesses to entrust accountants with the most minute details about their finances, leaving nothing out for fear of gossip or loose-lipped financial professionals

State agency of New Jersey, United States

The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government.
The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries.
The Commissioner of DOBI is Marlene Caride.

State agency of New Jersey, United States

The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government.
The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries.
The Commissioner of DOBI is Marlene Caride.

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