Wednesday 17 March 2021
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The Banking and Finance Oath
The Banking and Finance Oath (The BFO) has today announced applications are now open for its 2021-2022 Young Ambassador Program. The Program encourages and supports students and graduates to adopt a strong ethical foundation as they begin their careers in the banking and finance industry.
Tuesday 2 March 2021
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The Banking and Finance Oath
The purpose-driven organisation The Banking and Finance Oath (The BFO) has announced a merger with The Ethics Centre, signifying a major step forward in expanding and enriching conversations within the banking and finance industries on ethical issues.
Friday 28 August 2020
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FINSIA InFinance Magazine
With the challenges we face on a daily basis in this current crisis, we are all building resilience as we learn to adapt and ‘pivot’, even if we don’t realise it. So how can we mindfully build resilience in times of uncertainty? One way of doing this is by developing a growth mindset. Growth mindset is the belief that skills and intelligence can be grown and developed through hard work, good strategies and input from others.
Monday 24 August 2020
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Calissa Aldridge, Senior Executive Leader - Market Supervision, ASIC
Conduct is fundamentally about how people behave. We’re mostly conditioned from a young age to recognise and demonstrate appropriate behaviour, whether individually or as part of a group.
Wednesday 1 July 2020
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FINSIA InFinance Magazine
The fallout from the Hayne Inquiry has had a clear impact on the next generation of banking and financial services leaders: Young Ambassadors on The Banking and Finance Oath’s Program have spoken about how the Royal Commission highlighted the need to focus on “professionalism” and “ethics” as a way of restoring community trust.
Friday 19 June 2020
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The University of Sydney Business School
Bachelor of Commerce student Ricky Rangra has been selected as a 2020 Banking and Finance Oath Young Ambassador, with a mission to build integrity in the financial services industry.
Wednesday 10 June 2020
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Chanticleer, Australian Financial Review
National Australia Bank's decision to put all of its bankers through training courses could be the beginning of an industry-wide standard that lifts professionalism and ethical standards.
Wednesday 10 June 2020
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James Frost, Australian Financial Review
NAB chief executive Ross McEwan is sending the bank's entire workforce of around 34,000 employees in Australia and New Zealand back to school to sit a "Banking 101" course at a cost of around $50 million over three years.
Tuesday 19 May 2020
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Adviser Voice
The Banking and Finance Oath (The BFO) is proud to introduce the 2020 cohort of Young Ambassadors – a Program encouraging and supporting students, graduates and young people to contribute to a strong ethical foundation as they begin their careers in the banking and finance industry.
Friday 29 May 2020
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ANZ Bluenotes
Banks and financial institutions are playing a critical role in stabilising Australia's economy during the COVID-19 pandemic. They are providing financial resilience and a reassuring sense of stability at a time of great uncertainty.
Thursday 21 May 2020
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AB+F
The Reserve Bank governor Philip Lowe has announced details of this year’s young ambassadors program, which includes seven young leaders in the area of ethics.
The Banking and Finance Oath (The BFO) is proud to introduce the 2020 cohort of Young Ambassadors – a Program encouraging and supporting students, graduates and young people to adopt a strong ethical foundation as they begin their careers in the banking and finance industry.
Monday 18 May 2020
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FinTech Magazine
Judo Bank, an Australian fintech, has become a unicorn after raising $148mn in fresh equity at a post-money valuation of $1bn The raise, the result of ...
The ethics centre's Fiona Smith has pubilshed an article challenging the audience to think about the ethics of practices even if they aren't illegal.
We would recommend all the BFO signatories read this article.
In Parliament on Friday 15 November 2019, Chair of the Standing Committee on Economics, Tim Wilson MP raised the topic of The Banking and Finance Oath.
MetLife Australia have worked with the The Banking and Finance Oath to encourage other financial services organisations to back lifting ethical standards across the industry, by supporting their employees to take the Oath. MetLife is the first insurer to support The BFO at an organisational level, by encouraging its own staff to take the Oath, as a step towards rebuilding the reputation of the industry.
Monday 7 October 2019
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Alan Kohler, The Australian
In this article, The Australian's Alan Kohler questions why in a financial services industry of 400,000 people, less than one percent have taken the Oath, presenting a great case for why there really is no excuse for not supporting this important ethics initiative. John Laker (pictured) is Banking and Finance Oath chairman. Photo: Adam Yip
By
By Tas Bindi, The Adviser
The head of the Australian Banking Association has called for “tolerance of failure”, “flexibility” in regulatory lending guidance, and a “careful” approach to drafting the best interests duty for brokers to ensure meaningful and sustainable changes are made in the industry post-royal commission.
By Clancy Yeates, SMH Business Reporter
The banking regulator has launched a defence of self-regulation in finance, saying such a system is essential but the industry must lift its game and do "the right thing" by customers, even if it means missing out on business.
Friday 9 August 2019
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By James Eyers, Senior Reporter, AFR
The chairman of the competition regulator, Rod Sims, wants the government to create a new law against "unfair trading practices", which would not only allow him to tackle the technology platforms but lift standards in the banking sector.
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