The Oath

Trust is the foundation of my profession.

I will serve all interests in good faith.
I will compete with honour.
I will pursue my ends with ethical restraint.
I will help create a sustainable future.
I will help create a more just society.
I will speak out against wrongdoing and support others who do the same.
I will accept responsibility for my actions.

In these and all other matters;
My word is my bond.

The Vision


A banking and finance industry that
meets the community’s needs and has its full confidence thereby fulfilling its integral role in society.

Find out what industry leaders are saying about The Banking and Finance Oath 

"The Ethics Centre hopes there will be a surge in engagement with the Banking and Finance Oath that has been long neglected by large parts of the industry, and sets an ethical framework of precisely the kind needed to address the issues identified by commissioner Hayne."
- Executive Director of The Ethics Centre, Simon Longstaff, at a Pritchitt Partners annual think tank event

"I would also like to acknowledge the important role being played by the Banking & Finance Oath. As many of you know, the Oath is an effort to reassert a moral and ethical foundation in finance, and begins with the phrase ‘Trust is the foundation of my profession.’ I find it powerful because it is very much a personal commitment by individuals. While regulation and corporate systems work top down, these are individuals seeking to drive change bottom up."
- APRA Chairman, Wayne Byres, in a speech titled 'Good banking, by good bankers'  

"Finance is all about trust. When a deposit is placed in a bank, we trust it will be repaid. We also trust financial institutions to invest our hard-earned savings for us. And we trust them to provide us with sound advice. Without this trust, the financial system cannot operate properly and the economy cannot prosper. As the first line of the Banking and Finance Oath says: ‘Trust is the foundation of my profession’. I encourage everybody in the finance sector to read this oath regularly and to live by it."
- Governor of the RBA, Philip Lowe, in a speech titled 'Trust and Prosperity'

I
n his Exit Interview with the AFR in 2016, then Governor of the RBA, Glenn Stevens spoke on the issue of community trust and culture within Australian banks, and the role individuals can play: "It is incumbent on us to make sure that we all remember it's other people's money, that we take great care with incentives – be they financial incentives or any other kind, that they don't give too much temptation to do the wrong thing – and where stuff has gone wrong, you know, it has to be rectified. It's incumbent on everybody to step up there, and – just a plug – there is this Banking and Finance Oath – an ethical initiative led by the St James Ethics Centre – and many more of our senior bankers are signing up to that. I think that's a good thing and it will be good if that continues."