compliance department

Compliance department

A department in all organized stock exchanges to ensure that all companies, traders, and brokerage firms comply with Securities and Exchange Commission and exchange rules and regulations.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Compliance Department

A department in a brokerage with the duty of ensuring that all trades comply with applicable laws and SEC regulations. A compliance department oversees employees and principals of the brokerage and monitors their activities. It must also investigate suspicious activity and, if necessary, report it to the appropriate authority.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

compliance department

Securities exchange staff who are charged with ensuring that activity on the exchange complies with the rules of the exchange and those of the SEC.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
A "How To Complain" pack is also available by writing to the Legal and Compliance Department, Reach plc, One Canada Square, Canary Wharf, London E14 5AP If we have published anything that is factually inaccurate, please contact Catrin Pascoe on 029 2024 3635, at or at The Editor, Western Mail, Media Wales, Six Park Street, Cardiff, CF10 1XR and, once verified, we will correct it as soon as possible.
JPMorgan's compliance department tried to expel Jeffrey Epstein as a client a decade ago, but a top executive intervened to keep him, in part because he was helping recruit other rich clients, The New York Times' Emily Flitter and Jessica Silver-Greenberg report, citing six former senior executives and other bank employees familiar with the matter.
A "How To Complain" pack is also available by writing to the Legal and Compliance Department, Trinity Mirror PLC, One Canada Square, Canary Wharf, London E14 5AP.
Rasha bint Saud al Abdali, acting director, Compliance Department at ITA, started the workshop with an overview of the governance and compliance division in ITA as the division responsible for issuing policies, standards, frameworks and guidelines related to information technology, as well as developing the government compliance programme.
Paula will manage the Financial Intelligence Group within the Compliance Department and S&T Bancorp's enterprise-wide compliance monitoring programs for the Bank Secrecy Act/Anti-Money Laundering and the Office of Foreign Assets Control, Identity Theft, and Fraud.
A"HowTo Complain"pack is also available by writing to the Legal and Compliance Department, Trinity Mirror PLC, One Canada Square, CanaryWharf, London E14 5AP.
She has 15 years of HR experience and will work in the compliance department. She holds a bachelor's degree in political science.
Moreover, instead of banks having their own compliance departments, one collective compliance department for all banks should be formed for this recovery purpose.
"We've heard from a growing number of compliance professionals that the simple search comparison offered by software platforms both misses name variations and leaves the compliance department with too much follow up work," said Co-CEO and Chief Servant Nick Gallo.
Why has no bank or their regulator asked how these accounts were opened or how these transactions took place right under the nose of the compliance department.
'Supt Zaiton Hussain has been appointed assistant director of Religious and Counselling Division (Psychology and Counselling) of the Bukit Aman Integrity and Standard Compliance Department, with the rank of acting ACP,' she said.
Prior to joining BisB, he headed the compliance department at Kuwait Finance House (KFH) - Bahrain for seven years.

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