The Chief Compliance Officer is also Anti-Financial Crime Officer (AFCO) and Money Laundering Reporting Officer (MLRO).

The CCO is responsible to:

• Oversee the compliance with the applicable regulation
• Provide advisory and support to the local Executives and different Business Units on compliance matters and risks
• Manage the Compliance Function in accordance with the applicable external and internal regulations, and in accordance with the Group Compliance Management System Policy, Group Compliance Operating Model and relevant Group Anti-Financial Crime (AFC) policies
• Perform compliance risk identification, assessment, advising on the identification of mitigation actions and support on the identification on potential remedial actions
• Perform second level controls, including test of control design and effectiveness
• Perform reporting obligations to Group/Regional Compliance, local management, Risk Committee and local Board of Directors (BoD)
• Ensure the implementation of the Compliance Operating Model in line with the Compliance Management System Policy
• Advising on maintaining the AML/CTF & International Sanctions Control framework and undertaking his/her responsibilities as AFCO/MLRO
• Provide training and support on compliance related topics to staff and management in line with the Annual Compliance Plan and Annual AFC Plan
• Ensure the adequate implementation of the Group Compliance policies in the entity
• Maintain the relationship with the local Regulator/Authority and ensure request and enquires are met
• Ensure Compliance / AFC function is adequately staffed in terms of numbers and necessary skillsets