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The Rules build upon several of the Principles of Business (see Module PB (Principles of Business)). Principle 1 (Integrity) requires conventional bank licenseesG to observe high standards of integrity and fair dealing, and to be honest and straightforward in their dealings with customersG . Principle 3 (Due skill, care and diligence) requires conventional bank licenseeG s to act with due skill, care and diligence when acting on behalf of their customersG . Principle 7 (Client Interests) requires conventional bank licenseesG to pay due regard to the legitimate interests and information needs of their customersG , and to communicate with them in a fair and transparent manner.

October 07
(1 Version)
Oct 1 2007 onwards
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