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Foundation behind disciplinary law for banks shuts down over dissatisfaction with bank attitude

Foundation behind disciplinary law for banks shuts down over dissatisfaction with bank attitude

The foundation behind the disciplinary law for banks, Stichting Tuchtrecht Banken, has announced it is ceasing its operations due to dissatisfaction with the banks' lack of cooperation. The organization stated that banks are actively obstructing efforts to improve the disciplinary system, leading them to terminate their agreement with the Dutch Banking Association.

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