Code of Ethics

The standards of ethical conduct ABN AMRO expects from its employees are found within our Business Principles, introduced by the Managing Board in 2001. We believe they address the standards necessary to comprise a code of ethics for the purposes of section 406 of the Sarbanes-Oxley Act.

The Business Principles are a set of principles that build on our Corporate Values (integrity, teamwork, respect, professionalism) by further clarifying what we stand for. They are the result of intensive discussions with management, employees and external audiences and are meant to act as a compass for individual and collective behaviour within ABN AMRO.

The Business Principles and Corporate Values are always taken into account in the development of policies and procedures. The Business Principles are being embedded in key organisational processes such as appraisal and promotion procedures, as well as performance contracts. They are also a guidance tool for our contribution to developing new standards on social and environmental issues, such as the Equator Principles.

The Business Principles are a reinforcement of the rules and regulations already reflected in our instruction manuals and policies, such as those in the areas of Risk Management, Human Resources and Compliance. These internal regulations cover important topics such as: prevention of money laundering, insider trading, client due diligence, dealing with conflicts of interest, safeguarding confidentiality, Chinese walls, human rights, environmental care, etc.

For more information, please see our Business Principles page.