Group Compliance, as established in Aegon's Group Compliance Charter, operates as a stand-alone function and oversees group-wide compliance management.
The Team identifies regulatory requirements and compliance risks, develops strategies and policies and works with the management of our business units around the world to ensure that these regulations are effectively complied with.
More specifically, Group Compliance is responsible for safeguarding how the entire Aegon organization operates within a clearly defined global compliance framework.
It proactively advises our Management Board on acting in a compliant manner, from both strategic and operational perspectives. It is also responsible for monitoring the effectiveness of compliance approach on a global level.