The Barents Re companies are committed to the highest standards of anti-money laundering and combating the financing of terrorism (AML/CFT), regulatory compliance and corporate governance. We recognise the importance of adhering to all applicable laws, rules and regulations in the territories in which we conduct business around the world.
The Compliance Officers of the Barents Re companies are responsible for ensuring that robust systems and controls are in place to achieve adherence to AML/CFT compliance, regulatory compliance and governance requirements. These systems and controls are agreed and monitored by the Board of Directors, and Supporting Committees of Barents Re Reinsurance Company, Inc. and Barents Reinsurance, S.A.
We expect all members of the Boards of Directors and staff of the Barents Re companies to be aware of and be fully compliant with the laws, rules and regulations pertinent to their day-to-day responsibilities.