Our Commitment to Professionalism in Banking

  • 25 October 2011
  • CB:PSB

Our Commitment to Professionalism in Banking

Member firms join the CB:PSB by agreeing to the CB:PSB’s Commitment to Professionalism in Banking. Read the CB:PSB’s Commitment to Professionalism in Banking.

The Commitment, signed by the Chairman and/or Chief Executive of the member firm, requires the organisation to:

  • Subscribe to the Chartered Banker Code of Professional Conduct;
  • Contribute to the development of the CB:PSB’s professional standards;
  • Allocate responsibility to a senior executive for embedding the CB:PSB’s professional standards within the organisation;
  • Provide an appropriate representative to join the Professional Standards Committee;
  • Establish an implementation group to support the embedding of professional standards;
  • Establish mechanisms to monitor and report on professional standards implementation;
  • Celebrate and encourage employees’ achievement of professional standards;
  • Report annually on achievement of professional standards;
  • Support individuals who have failed to meet professional standards requirements through conduct or competence related issues;
  • Communicate their involvement to internal and external stakeholders; and
  • Contribute to funding the work of the CB:PSB.

The commitment to implement professional standards must come from the senior management of member firms, with strong support overtly expressed by Chairmen, Chief Executives and other main board directors.

  • Implementing Professional Standards.pdf8.3 MB