Compliance
As a fully licensed bank Close Brothers Seydler Bank AG is subject to strict surveillance by the Federal Financial Supervisory Authority (BaFin), the Deutsche Bundesbank as well as the trading surveillance bodies of all stock exchanges where our company is licensed.
Compliance stands for adherence to the respective rules and regulations in the banking industry. For example, the provisions of the securities trading laws as well as the new regulations within the scope of the introduction of MiFID ("Markets in Financial Instruments Directive.")
The compliance officer’s mission is to assist the company in managing its legal, regulatory and reputational risks. He advises both management and staff members to identify potential risks, implement proper solutions, help build the company’s business and promotes a first class compliance culture at highest level.
A professional risk control is an important basis for successful leadership of our company given volatile market conditions. The executive board is responsible for the management of allrisks that were taken as well as respective current and active planning with regards to these risks.