The regulatory framework for combating financial crime which governs NBG is applied and implemented jointly by all the companies that belong to the Group. In the event that the regulatory framework of a third country in which the Group has a presence -subsidiary company or Branch abroad- is less strict in relation to the Greek one, then the latter shall be implemented, to the degree that this is allowed by the laws of the said third country.
The Financial Crime Compliance unit supervises the Group’s companies in Greece and abroad, by following strict regulations in order to ensure full compliance with the current regulatory and institutional framework with respect to prevention of ML/TF issues, and by implementing policies and procedures equivalent to those of the Bank.