Dutch bankers will face punishment for breaking oath
Dutch bankers could be banned from banking for breaking an ethical oath as new disciplinary rules come into force from 2015. The oath will also be extended from top managers to all bank employees as part of measures to strengthen ethics
Bankers in the Netherlands will face punishment for breaking their banker's oath from April 2015, and all bank employees will be required to swear the oath from January 2015 as rules designed to restore trust in the banking industry are strengthened.
The disciplinary measures for offenders are currently being finalised, but likely sanctions including fines or a ban from working in the industry, according to a spokesperson from the Dutch Banking Association (NVB).
The measures are part of a joint
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