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Australian Bankers Take Oath to Do The Right Thing, Even When No One is Watching

By: admin|

Sadly in society today we now see Bankers having to make an oath to make them aware that they should operate in an ethical, honest and transparent way.

OMG what has happened to the expected pillars of  society, that they now have to have an oath to remind them of what is right and what is wrong. Is doing the right thing even when someone is not watching that difficult, or maybe it just is too hard and humans are not designed to do that. Large bonus systems would be a better place to start as money drives behaviours at times, that are inconsistent with people’s true values.

I my past life I also worked in the Banking Industry and it was a given to do the right thing every time, even when no one was looking. I guess if it gets the right message to the right people then its objectives will be achieved. We must also clearly state there are many very hard-working loyal and ethical workers in the Banking and Finance industry that do not need to undertake such oaths to achieve the same outcomes.

See website    http://www.thebfo.org/home

 


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