nk is compliant with internal policies and procedures, external laws and regulations relating to customer due diligence, anti-money laundering, countering financing of terrorism and countering proliferation financing.
Responsible for controlling and managing financial crime risks related to money laundering, terrorism financing, proliferation financing and compliance with financial embargoes/sanctions.
Responsibilities and Accountabilities
Regulatory and Statutory Compliance; Ensure reports to the regulators are submitted within required timelines by;
Ensuring compliance with due diligence and KYC requirements as per regulatory requirements and international best
practice.
Ensuring any new and amendments to the relevant laws and regulations are communicated and implemented.
Continuous review and update of the Bank’s internal blacklist.
Periodically reviewing the compliance risk management policy and other policies and procedures relating to the compliance function.
Cooperate fully with regulators and law enforcement agents by making available required documents and information.
Ensure that all media sources (newspapers / internet) are reviewed daily to keep abreast with information on high risk customers and customers with adverse information.
Stay abreast of, identify, and report / escalate on any new and emerging trends and typologies in the legislative and regulatory environment, any product issues, or any risks.
Custome
