Earlier this month, De Nederlandsche Bank (DNB) published a brochure on how firms and employees in the financial industry can bring the Professional Oath to life in their day-to-day operations.
In 2015, the Dutch Financial Supervision Act introduced the Professional Oath, which requires that individuals in the financial sector commit to a set of moral and ethical principles when practicing their profession. The Oath was established to strengthen trust in the financial sector, and is backed by a disciplinary regime if employees violate the principles set out therein.
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