{"id":975,"date":"2021-09-13T06:24:53","date_gmt":"2021-09-13T06:24:53","guid":{"rendered":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/?page_id=975"},"modified":"2021-09-21T01:23:47","modified_gmt":"2021-09-21T01:23:47","slug":"compliance-data-protection-and-privacy","status":"publish","type":"page","link":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/?page_id=975","title":{"rendered":"Compliance, Data Protection and Privacy"},"content":{"rendered":"<p>[vc_row][vc_column css=&#8221;.vc_custom_1605871272904{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1631606679535{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-left: 104px !important;background-image: url(https:\/\/www.lbcexpressholdings.com\/annualreport2020\/wp-content\/uploads\/2021\/09\/LBC_03message-1.png?id=875) !important;background-position: 0 0 !important;background-repeat: repeat !important;}&#8221; el_class=&#8221;inside-header&#8221;]<\/p>\n<h4>COMPLIANCE, DATA PROTECTION<\/h4>\n<h3>AND PRIVACY<\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1632187434269{margin-top: 50px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1605871272904{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_row_inner css=&#8221;.vc_custom_1605879481157{padding-right: 50px !important;padding-left: 50px !important;}&#8221;][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text el_class=&#8221;orkney black-text&#8221;]<\/p>\n<p>As we sought to navigate the complex nature of the industry amid an ongoing pandemic, we continued to pursue our vision following the highest ethical standards. Our team\u2019s mandate is simple: to advocate for a culture of compliance that will instill trust and credibility across the organization that protects the company builds transparency across our stakeholders.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;1013&#8243; img_size=&#8221;full&#8221;][\/vc_column_inner][vc_column_inner][vc_column_text el_class=&#8221;orkney black-text&#8221;]<strong>Operational Highlights<\/strong><\/p>\n<ul>\n<li>LBC and PNP-ACG discussed a possible memorandum of agreement with regard to sharing of information and trainings.<\/li>\n<li>Established ARCCO representation allowing regular dialogues and meetings with BSP and AMLC to elevate company concerns.<\/li>\n<li>The Compliance Department conducted a number of special trainings for identified branches with high incident of fraud, focusing on enhanced due diligence<\/li>\n<li>Compliance Department came out with training materials for our frontliners. This is to supplement the AML knowledge of the staff as in-person training was put on hold. The materials include information on money laundering, fraud prevention and due diligence.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=&#8221;1014&#8243; img_size=&#8221;full&#8221;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column css=&#8221;.vc_custom_1605871272904{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1631606679535{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-left: 104px !important;background-image: url(https:\/\/www.lbcexpressholdings.com\/annualreport2020\/wp-content\/uploads\/2021\/09\/LBC_03message-1.png?id=875) !important;background-position: 0 0 !important;background-repeat: repeat !important;}&#8221; el_class=&#8221;inside-header&#8221;] COMPLIANCE, DATA PROTECTION AND PRIVACY [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1632187434269{margin-top: 50px !important;}&#8221;][vc_column css=&#8221;.vc_custom_1605871272904{padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}&#8221;][vc_row_inner css=&#8221;.vc_custom_1605879481157{padding-right: 50px !important;padding-left: 50px !important;}&#8221;][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text el_class=&#8221;orkney black-text&#8221;] [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/pages\/975"}],"collection":[{"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=975"}],"version-history":[{"count":9,"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/pages\/975\/revisions"}],"predecessor-version":[{"id":1256,"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=\/wp\/v2\/pages\/975\/revisions\/1256"}],"wp:attachment":[{"href":"https:\/\/www.lbcexpressholdings.com\/annualreport2020\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}