FEC statement & Wolfsberg questionnaire
Financial and Economic Crime Statement
ING implemented a Corporate Policy on Financial Economic Crime to prevent its businesses from involvement in money-laundering and terrorist financing. This policy is based on international laws and regulations. Local ING management is responsible for the implementation of and compliance with the policy.
In countries where ING’s Financial Economic Crime policy is stricter than local rules, ING’s policy applies.
ING commits to the Wolfsberg Group principles on Financial Crime Compliance.
The Wolfsberg Group is an association of thirteen global banks which aims to develop frameworks and guidance for the management of financial crime risks, particularly with respect to Know Your Customer, Anti-Money Laundering and Counter Terrorist Financing policies.