The role of a compliance officer, sometimes called a compliance manager, is to make sure that a company is conducting its business in full compliance with all national and international laws and regulations that pertain to its particular industry, as well as professional standards, accepted business practices, and internal standards.

There is both an ethical component and a pragmatic component to compliance - a role that is crucial in helping organizations manage risk, maintain a positive reputation, and avoid lawsuits.There is both an ethical component and a pragmatic component to compliance - a role that is crucial in helping organizations manage risk, maintain a positive reputation, and avoid lawsuits.

Compliance officers must have an innate and intuitive knowledge of the company’s goals and culture, as well as of the greater industry and standard business law. They are charged not just with keeping a company’s business dealings ethically sound and legally pristine, but with educating the entire company and instituting practices that will ensure the highest possible level of compliance.



Levels of Responsibility

  • Level 1: compliance with the external rules that are imposed upon an organization as a whole

  • Level 1: compliance with internal systems of control that are imposed to achieve compliance with the externally imposed rules

  • Telephone Trading System

    The Telephone Trading System (TTS) is designed to allow customers to buy and sell investments at a specific price using their identification number. The way it works is a Compliance Officer will call the customer on a recorded line confirming the call is being recorded, The customers name, address, confirmation of trade and size of the trade. Once all those details have been confirmed, to guarantee the customer the best price on that day ,buying or selling, the Compliance offer will confirm the trade has been placed and there are no cooling off or cancellation period applicable on termination of that phone call. The system has huge advantages which save customers time by getting them in at the right price and out at the right price, rather than waiting for documents to be sent out and the customer potentially missing out on profit or the customer making losses of the price of an investment going down in that waiting period.