complaince

The Compliance Group

The Compliance Group contributes to the protection of the bank, its staff and customers from any risks to its reputation as well as the risk of non-compliance.

  1. Combat money laundering
  2. Prevent abuses of the banking system
  3. Monitor and report terrorist financing risks

The roles and functions of the
compliance group

  • Compliance laws

    Compliance laws, rules and standards cover matters such as observing proper standards of market conduct, managing conflicts of interest, treating customers fairly, and ensuring the suitability of customer advice.

  • Identify, monitor and report

    The Compliance Group identifies risks that the bank might face, advises on them, then monitors and reports on the effectiveness of those controls in the management of the bank's exposure to them.

  • Conflict resolution

    Another important function of the Compliance Group is to resolve compliance difficulties as and when they occur.