Issue

Vol. 1 No. 02 (2021): "Ethics and Deontology" Journal

Banking ethics. Code of Conduct for Senior Officials of the European Central Bank

https://doi.org/10.52744/RED.2021.02.05
Carmen Adriana GHEORGHE
Transilvania University of Brașov

"Ethics and Deontology" Journal, Vol. 1 No. 02 (2021): "Ethics and Deontology" Journal

Abstract

The integration of financing - as a foundation of the progressive functioning of human society - requires in the present one in multiple crises that the requirements of an ethical behavior be assimilated to the banking activity. The notions that belong to the sphere of human dignity - ethics, integrity, morality - must be organically integrated with those specific to the bank - money, credit, banking supervision. This process of imposing an ethical culture in banking has intensified since 2015, when the ECB, as the core of the European banking system, issued an Ethical Framework applicable to the ESCB, the Eurosystem and the SSM. In Romania, banks are in a decline in reputation and trust. The role of the Code of Conduct for senior ECB officials introduced in 2019 is the subject of this study, focusing on the notions of public interest and integrity standard. The role of the Code of Conduct for senior ECB officials introduced in 2019 is the subject of this study, focusing on the notions of public interest and integrity standard.

Keywords

European Central Bank ethical framework code of conduct ethical culture Banca Centrală Europeană cadru etic cod de conduită cultură etică
GHEORGHE, C. A. (2021). Banking ethics. Code of Conduct for Senior Officials of the European Central Bank. "Ethics and Deontology" Journal, 1(02), 41–49. https://doi.org/10.52744/RED.2021.02.05
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