Standard Bank’s offshore compliance team received the award for Outstanding Service to Compliance and Regulation in the ‘Best Compliance Team – Regulated Firms’ category beating off competition from around the UK.
The ceremony, held recently at the Lancaster Hotel in London, was the 10th anniversary of the inauguration of the awards.
Sean Flanagan who heads the Standard Bank Offshore Compliance Team said: ‘I believe that this award represents not only a great achievement for the team, it reflects the significant efforts made by Standard Bank as it strives to provide excellent client satisfaction and world class service with a focus on African markets.’
The Compliance Register was founded in 1995.
It promotes excellence in regulatory compliance and regulation both in the UK and overseas with members all across the UK and in most of the world’s leading financial centres including New York, Frankfurt, Singapore, Hong Kong, Shanghai and Dubai. The awards themselves were established in 2004 and were designed to strengthen best practice in the financial services sector, reward excellence and help to reduce the likelihood of future financial crises.
John Coyle, CEO of Standard Bank IOM commented: ‘I am delighted that the Compliance team has been recognised for their achievements. This not only reflects well on them, but for the bank as a whole. Compliance has to be part of the culture of an organisation and this award shows the world that Standard Bank believes honesty and integrity are core tenets of how we do business. Well done to the team for their efforts.’
Photo - Sean Flanagan.
