Tackling Financial Crime

Our policies

Financial crime can take the form of money laundering, terrorist financing, corruption or fraud. To tackle it, we apply a range of methods including sophisticated systems that screen for suspicious transactions. We also work with others in the industry to make sure our procedures meet international best practice.

Just as important, we rely on our people to stay alert to potential criminal activity. We operate to the same high standards wherever we do business, and our employees across the world work to a clear set of values and to our Code of Conduct (PDF, 2.9MB).

Money laundering - our efforts to minimise the risk of money laundering start with our Know Your Customer account opening procedures. Beyond these, we're using increasingly sophisticated monitoring systems and sharing our knowledge worldwide across the industry. We're also contributing to the development of new laws and industry guidelines.
Terrorist financing - like all banks, we invest significant resources to minimise the risk that our systems could be used for terrorist-related transactions.
Fraud and corruption - our employees are a critical part of our defence against fraud and corruption. To support them, we constantly reinforce our Know Your Customer (KYC) procedures, our Code of Conduct (PDF, 2.9MB) and our Speaking Up programme, where employees can raise concerns in confidence about possible malpractice.

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