Chan welcomes code of conduct for Hong Kong bankers

Hong Kong

Hong Kong Monetary Authority (HKMA) chief executive Norman Chan has praised the release of a revised code of conduct for banking, which aims to improve culture in the industry.

The new code, penned jointly by the Hong Kong Association of Banks and the Deposit-Taking Companies Advisory Commission, takes effect from today (February 6).

The lengthy rule book spans topics including consumer protection, disclosure and transparency, competition and "responsible business conduct". Chan called the new

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