The operation of doValue Greece is governed by Law 4354/2015 and Executive Committee Act 118/19.05.2017 of the Bank of Greece.
The operation of doValue Greece is governed by Articles 1-3A of Law 4354/2015 (only available in Greek) on “Management of non-performing loans”, as in effect from time to time.
Executive Committee Act of the Bank of Greece
The operation of doValue is governed by Executive Committee Act 118/19.05.2017 of the Bank of Greece on the subject “Framework of establishment and operation of credit servicing firms”, as in effect from time to time.
Preventing and combating financial crime
We implement policies and follow procedures to prevent the use of the financial system to legalise revenues from criminal activities and terrorist financing.
Combating money laundering and terrorist financing
We recognise the risks and the potential consequences from illegal activities, money laundering and terrorist financing.
To this end, we follow the legal and regulatory framework in force, especially:
Law 4557/2018 on “Prevention and suppression of money laundering and terrorist financing (incorporation of Directive 2015/849/EU) and other provisions”, as in effect from time to time.
The doValue Group Code of Conduct encompasses the entire doValue Group human resources, as well as any other individuals who work with the Group in the context of providing services or carrying out projects. The Group’s Code of Conduct includes the framework of the principles and rules of conduct that the individuals bound by it must follow as part of their professional/transactional relationship with the doValue Group companies. The doValue Group Code of Conduct has been approved by the Board of doValue Greece as well as the Board of doValue Greece RES.
Note that the doValue Greece Code of Conduct (the “Code”) applies concurrently; this Code has also been adopted and is followed by doValue Greece RES in all its operations. The Code complements and supplements the doValue Group Code of Conduct. It stipulates the principles and values that all Company employees and executives, as well as any third parties working with these individuals (independent contractors, suppliers, organisations, consultants and other associates) must follow without fail.
The Code is approved by the Company’s Board and the Business and Regulatory Compliance Unit, AML/CFT.
All Company employees participate in training programs, with the aim that they comprehend the principles and rules of conduct stipulated in the Code, as well as how to apply these rules when exercising their duties.
Our Values and Principles
The Code is a set of provisions harmonised with the legal and the regulatory framework for the Company's operation, as well as the international standards of professional ethics, which we follow both at Company and at Group level. When exercising their duties, all the Company employees and executives ought to operate driven by the following Values and Principles:
- Integrity and
- Consistency in terms of following the regulatory framework in force, as well as the policies, procedures, directives, etc. adopted and applied by the Company.