The compliance function is defined as an independent department whose objective is to identify and evaluate the compliance risks of a bank and to support the bank management in managing and controlling risks. It is the job of Compliance to ensure that the bank and its employees act in accordance with applicable laws, standards and internal guidelines in order to prevent the bank from facing legal or regulatory sanctions, financial losses and/or a loss of reputation in general for not following the rules.

The protection of personal information is regulated in Article 41 of the Luxembourg "Law of 5 April 1993 on the financial sector".

 You will find further information on www.abbl.lu, at www.cssf.lu and www.alco.lu