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’Raising the bar’: Banks vow to be more ethical under new code

’Raising the bar’: Banks vow to be more ethical under new code

Bank chiefs have vowed the industry will be under new obligations to be more ethical and customer-focused, as part of a revamped code of conduct that has been given the green light by the corporate regulator.

by Shared by The Sydney Morning Herald | Aug 1, 2018

Lenders, specialist brokers boosted by tough borrowing market

The Australian Securities and Investments Commission (ASIC) on Tuesday approved a rewritten code of conduct for banks, which is part of the industry’s attempt to win back customers’ trust after a run of scandals, and fierce political pressure including the royal commission.

Read the full article at the Sydney Morning Herald.