MPs want action on bankers’ declaration of ethics

Two MPs are preparing to tackle finance minister Jan Kees de Jager about the declaration of ethics which all bankers are supposed to sign and which threatens to become a dead duck, the Financieele Dagblad reports on Friday.

Wouter Koolmees (D66) and Bruno Braakhuis (GroenLinks) want the minister to outline the status of the statement, which was recommended by a government commission two years ago. The commission was set up to look at how the banking and insurance sector should put customers’ interests before shareholders.
A number of bankers have told the paper the declaration is a ‘missed opportunity’.
For example, the new banking executives do not have to have sign the declaration in order to get central bank approval to do their job, the paper points out. The MPs want to know why signing the statement has not been made part of the application process.

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