Managing operational risks

  • Compliance and operational risk management are the main focus of Wallter. The Board approves detailed new procedures, policies and also updates for existing ones: guides on Transaction monitoring desk reference and Onboarding desk reference, update for Procedure for clients’ risk assessment, a new version of Money laundering and terrorist financing prevention policy, a new procedure for KYC refresh, new Suspicious transaction escalation procedure.
  • Wallter forms a Committee on risk and compliance.
  • Wallter performs a Company-Wide Risk Assessment.
  • Deloitte is contracted to audit Wallter results for the year 2019 and findings are fully implemented into Wallter’s compliance procedures.