Tasks
Ensures the continuous supervision of the financial sector risks related to money laundering and the financing of terrorism and proliferation and the non-compliance with international sanctions, identifying the existing and potential problems in the risk management in a timely manner as well as implementing appropriate measures to mitigate risks and prevent problems.
Structure of the department
Compliance Division
- Ensures off-site supervision measures to manage risks related to money laundering and sanctions, including supervising the execution of the planned follow-up measures, assessing risks and preparing the plan of measures to manage these risks as well as develops instruments for managing these risks.
Audit division
- Ensures the checks of the market participant activity compliance in the field of anti-money laundering, following a risk-based approach.
- Regularly compiles and analyses information on checks and problems identified, also suggesting corrective and preventive measures to prevent such problems, if necessary.