Media Releases

The BFO invites future leaders in financial services to be ambassadors for ethics

The Banking and Finance Oath (The BFO) has announced applications are now open for its 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.

The Banking and Finance Oath launches first ever ad campaign

Monday 1 April 2019
For the very first time, The Banking and Finance Oath (The BFO) is undertaking an advertising campaign using the Australian Financial Review (AFR) as its media channel of choice to target professionals working in the banking and finance industry.

Royal Commission highlights importance of individual accountability

Wednesday 6 February 2019
The Board of The Banking and Finance Oath (The BFO) welcomes Commissioner Hayne’s focus on honesty and individual accountability in the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Industry leaders join The BFO board to confirm importance of The BFO initiative.

Friday 30 October 2015
The Banking and Finance Oath (BFO) has announced that four high profile industry leaders have joined The BFO Board, indicating how seriously this initiative is being taken.

BFO board says behaviour of financial planners comes down to ethics

Monday 2 March 2015
Beyond compliance: CEO of ANZ and BFO director Phil Chronican, sees that a voluntary ethical framework will help sustain the banking and finance industry in the long term.

BFO response to FSI Report

Monday 8 December 2014
The Banking and Finance Oath - response to Financial System Inquiry Report The Banking and Finance Oath Board (BFO) today made the following statement in support of the Financial System Inquiry report released on Sunday 7 December. The Banking and Finance Oath Board (BFO) wishes to congratulate the Financial System Inquiry (FSI) panel on their recognition of the importance of the right kind of culture that puts consumer interests at the forefront of decisions made by financial services...

BFO Statement - Whistle-blowers

Tuesday 8 July 2014
Establishing ethical foundations: The Banking and Finance Oath reaches beyond the regulatory environment in identifying the importance of whistle-blowers, whilst offering a supporting role.

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.