BSTDB hosted the 2012 Annual Meeting of the Chief Compliance Officers of the European International Financial Institutions

News | 19-Apr-2012

On  April 18-19 2012, the Black Sea Trade and Development Bank (BSTDB) hosted in its Thessaloniki Headquarters, the 2012 Annual Meeting of the European Chief Compliance Officers of the European International Financial Institutions. The group of participants included representatives from the European Investment Bank, the European Investment Fund, the European Bank for Reconstruction and Development, the Nordic Investment Bank, the Council of Europe Development Bank, and the Black Sea Trade and Development Bank.

Mr. Mustafa Boran, Vice-President Banking, in his capacity as BSTDB Acting President, welcomed the participants.  In his opening statement, Mr. Boran stressed the importance of compliance risk management in the activities of International Financial Institutions. Compliance is a key element in protecting institutional interests and, importantly, the principal vehicle in safeguarding the public resources and interests that support these institutions.