Compliance is not just about rules, it is the foundation of trust

Recently, representatives of our team — Volodymyr Havlytskyi, Deputy Chairman of the Board, and Viktoriia Dubynko, Director of the Compliance Department — participated in the XV Compliance and Anti-Corruption Forum in Kyiv.

Integrity is a “muscle” we train every day. Participation in the forum allowed us to exchange experiences with colleagues from the public sector, agriculture, energy, and healthcare, and confirmed that Ukraine’s banking system is one step ahead in implementing transparent standards.

Key discussion topics at the forum included:

• Automation of compliance procedures and use of AI
• Sanction control in the context of new regulatory requirements
• Whistleblowing mechanisms and the culture of internal investigations
• The role of the manager as a bearer of ethical standards
• Managing conflicts of interest
• Implementation of European compliance standards in Ukraine

“Many of the initiatives discussed at the conference are already operational within the banking system. However, we have identified several interesting areas for further discussion and implementation: the introduction of balanced internal control procedures, openness and transparency in communications with employees to ensure early detection of potential violations, and the updating of compliance procedures for clients to ensure they are not only accurate but also clear and user-friendly,” Volodymyr Havlytskyi noted.

Building a future where reputation is the primary asset!