Articles

The Business Case: The long road to proving ethics pays

17 May 17
by Clare Payne, Director The Banking and Finance Oath
A business case that ignores social issues is no case at all. The business case has not traditionally included the ethical rationale or the moral justification. Fortunately, making the business case for ethics is getting easier.

The Ethical Beginnings of Compliance

17 May 17
by Naomi Burley, Managing Director, GRCI
Factors such as complexity and sophistication of products and services, distribution channels, customer demands and unprecedented advances in technology have resulted in increased political and regulatory intervention into business. GRC professionals are at the forefront of these changes and can contribute as a culture change agent.

Naomi Burley, MD GRC Institute has a look at how compliance and an Oath can go hand in hand.

Raising the level of maturity in banking and finance – An introduction to the Maturity Institute

09 May 17
by Paul Kearns, Chair The Maturity Institute
While working their Banking Governance & Culture Project, the Maturity Institute in the UK came accross National Australia Bank (NAB) and in turn The Banking and Finance Oath.

Limited Language – Big Blind Spots: How the language of business has skewed our moral compass

10 May 17
According to the Harvard Business Review, English is now the global language of business. English is declared the working language of the World Bank, The European Central Bank, (based in Frankfurt, Germany) and AXA (the French multinational insurance firm headquartered in Paris).

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.