The Banknote Ethics Initiative (BnEI) announced on September 20th, 2023 the appointment of Professor Deon Rossouw as the new chairman of this initiative created to “provide ethical business practice, with a focus on the prevention of corruption and on compliance with anti-trust law within the banknote industry.” This is an opportunity to take a look at the measures taken by a very confidential industry and its leading suppliers where the key word is trust.