# The Banking Act 1987 (Exempt Transactions) Regulations 1997, Paragraph 4: INTRODUCTION


The governing principles of the Code are:
(a) To set out the standards of good practice which Participating Societies will follow in their deposit taking activities in their dealings with members and customers;
(b) That in the conduct of their deposit taking activities Participating Societies will act fairly and reasonably in all their dealings with their members and customers;
(c) That Participating Societies will help members and customers to understand how their deposit accounts operate and will seek to give them a good understanding of their deposit taking and investment services;
(d) To maintain confidence in the security and integrity of their deposit taking activities and investment services. Participating Societies recognise that their systems and technology need to be reliable to protect their members and customers and themselves.

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Source: https://www.legislation.gov.uk/uksi/1997/817/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/banking-act-1987-exempt-transactions-regulations-1997/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.