GROUP LEGAL & REGULATORY COMPLIANCE

Group Legal and Regulatory Compliance (GLRC) supports the Bank in all legal, regulatory and compliance matters. The division ensures that the Bank's businesses comply with policies, procedures and relevant laws, rules and regulations issued by Monetary Authority of Singapore and other local regulators.

Apart from being a legal advisor on litigation, trademark filings and other legality issues where relevant, GLRC plays an important role as undertakers of the bank-wide regulatory compliance and anti-money laundering initiatives. This includes developing policies and procedures to manage and mitigate risks relating to money laundering and financing of terrorism, as well as monitoring, detection and combating of money laundering and financial crime activities.