Regulators can create a proper regulatory framework, set the right incentives and encourage good conduct. However, taking the necessary action – that is, implementing a code of conduct and focusing on ethics and culture in daily corporate life – is the responsibility of each financial company. But how can banks and financial companies achieve this aim?
A legal definition exists in Community law and the statistical framework is well established and consistent. •  Concerning the relative weights for the composite indicator, the ECB proposed in its official th th recommendation to give GDP a weight of 5/6 , against a relative weight of 1/6 for TABS-MFI  2.3.