- Those subscribing to the Code of Conduct must be member of a Society or Association.
- Membership to the Society or Association is required by law in order for the individual to practice his or her trade.
- The Society or Association need to have the legal power to expel members found to have breach the Code.
Written by Wilfred Ling Tuesday, 05 April 2011
Singapore's Private banking industry introduces a new Code of Conduct. This is according to this publication Singapore’s booming private banking industry unveils Code of Conduct. The Code of Conduct is in a form of an examination conducted by Institute of Banking of Finance. Will this improve the Private Banking industry? For a Code of Conduct to be useful, the following are required: