What would you do as a banker if a client sent you two tickets to a soccer match with a note attached thanking you for your business during the year?
If they were for an ordinary soccer match, you could accept them, because these would generally be considered reasonable business entertainment. Tickets to a World Cup final accompanied by airline bookings, however, would go beyond what is acceptable.
At least that is what Standard Chartered tells its employees in its code of conduct, a document that goes beyond broad principles and into the details of conducting business in the 56 countries where it is present.
The banking industry generally believes that internal behavior, like employee rules on hospitality, cannot be separated from external activity, like local community outreach.
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