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Main duties of a compliance officer

The compliance officer is responsible for reviewing business


processes. They do this by maintaining a compliance manual and
checking that business processes are in accordance with it. They also
make sure that any money laundering regulations are obeyed, and
that the company’s staff know what the compliance policy is,
arranging training if necessary. They also complete any reports the
regulator demands, covering areas such as complaints, governance
and finance.

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