On 9 September 2009, the NVB introduced the Banking Code following the report "Restoring Trust" (the advisory report) of the advisory committee on the Future of Banks ("the Maas Committee"). The Banking Code can be deemed as self-regulation and applies to all banks in the possession of a banking licence issued by virtue of the Financial Supervision Act (Wft). The objective of the Banking Code is to strengthen governance within banks and further focuses on risk management, auditing and a sound remuneration policy.The Banking Code came into effect on 1 January 2010.

Pursuant to principle 3.2.3. of the Banking Code of 9 September 2009 each member of the executive board of BinckBank N.V. (“BinckBank”) is required to sign a declaration on moral and ethical conduct and it should act as a guideline for the conduct of BinckBank’s employees.

The executive directors of BinckBank have adapted the wording of the standard declaration on moral and ethical conduct to align it more closely with the specific nature and profile of BinckBank and applicable statutory and regulatory requirements.

Read the declaration on moral and ethical conduct that is signed by the executive directors of BinckBank here.