Compliance department is an independent department in the formation of Azizi Bank. The department is free of any interventions from the board of management of the bank or any other internal/external sources. It works under the direct supervision of Chief Compliance Officer with the team of 47+ skilled, trained and experienced staff.
The purpose is to assist the bank in managing its compliance risk, which can be defined as “the risk of legal or regulatory sanctions, material financial loss, or loss to reputation a bank may suffer as a result of its failure to comply with laws, regulations, rules, related self-regulatory organization standards, and codes of conduct applicable to its banking activities. Also, it works to prevent the entrance of proceeds of crime into the banking system, prevent use of the bank’s services by Money Launderers/Terrorist Financers, or to facilitate the use of bank to such criminals.
The department is in direct contact with national FIU (Financial Intelligence Unit of Afghanistan) and makes any effort to implement the AML/CFT laws of Afghanistan.
Please contact compliance department for any query via;
Phone: +93(0) 728-858-004