Compliance

Compliance Policy

In addition to its oversight obligations ICA works to assist all units, divisions, departments, and offices that have primary responsibility for, and conduct of, portfolio management, to collaborate promptly to mitigate and remediate Money Laundering, Financing of Terrorist (ML/FT) and Financial Sanctions risks.

ICA leads the collaboration across all relevant units, divisions, departments and offices in the Bank to:

  • conduct ongoing risk-based monitoring, mitigation and remediation of ML/FT and Financial Sanctions risks;
  • respond to potential ML/FT vulnerabilities;
  • respond to queries from Correspondent Banks and other financial institutions conducting due diligence on the Bank; and
  • ensure that as far as possible the Bank does not knowingly violate financial sanctions during its operations.