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We take our regulatory, conduct and ethical responsibilities very seriously. We lead the way in doing what is right for our customers. Regulatory compliance of regulated activities in our country of operations complied with accordingly. The group and its subsidiaries also provide unregulated (non-regulated) services for jurisdictions such activities remain non-regulated, an example is commercial mortgages and business loans in the UK. Unique organisational structures and business models for some operative countries makes some of our products and services not regulated, without any legal and regulatory restrictions on the firms’ operations.

All our business have a self-regulatory mechanism which monitors and ensures its active compliance with the spirit of the law, ethical standards and national or international norms.

 

Anti-Money Laundering

The Group’s Anti-Money Laundering Policy covers all activities designed to protect the Group from being used as a medium for facilitating illegally obtained money from sources including illicit trafficking in narcotic drugs and psychotropic substances, participation in an organized criminal group, illicit arms trafficking, corruption, smuggling, fraud and robbery or theft, embezzlement or any other criminal activities.

The Policy also covers Terrorism and Terrorist act and defines them as any act that is “aimed at killing or severely injuring a civilian or any other individual who does not participate directly in an armed conflict; if by nature or due to the circumstances, such an action aims at intimidating a population or forcing a government or an international organization to take or refrain from taking a given action.”