What does compliance escort development mean?

Compliance and escort development is an inevitable requirement for the steady development of modern banks. Compliance concerns every employee of the bank and should be regarded as an integral part of the bank's business activities. In the traditional sense, bank risks include market risks, credit risks and operational risks. In the process of risk control, it is found that compliance risk, as a new bank risk, plays a fundamental and core role in bank risk control. No rules, no Fiona Fang. Strengthening compliance awareness is by no means an empty talk, but a truth summed up through many practical work and countless experiences and lessons. Practice has proved that only when everyone abides by the rules and always guards against risks can we control the uncertain factors in business development to the maximum extent and realize high-quality business development.

Compliance escort development can enable us to better fulfill our policy mission. As the only agricultural policy financial institution in China, Agricultural Development Bank adheres to the mission of "supporting agriculture for the country and doing things for the people", fully guarantees national food security and serves the great cause of rural revitalization, and must always tighten the string of risk prevention and control, and put risk prevention and control and compliance awareness into all aspects of business development. Every farmer should internalize the concept of risk compliance culture in his heart and externalize it in his practice. Always bear in mind that compliance is the first, risk control is the most important, and he should be proactive, prudent and steady, and truly implement "everyone stresses compliance in everything and always guard against risks".

The development of compliance escort needs the efforts of each of us. Compliance with the law is an inherent requirement for agricultural policy financial institutions to be stable and far-reaching, and "compliance first" must be regarded as the foundation for stable operation and business development. We should not only let everyone take the initiative to abide by the regulations, but also let all employees participate in compliance management. Every employee of a bank should firmly establish a sense of compliance, turn the coercive force of rules and regulations into ideological consciousness and action consciousness, and make compliance become the value pursuit and professional ethics of every employee. At the same time, it is also necessary to achieve continuous compliance in everything, highlight the characteristics of the whole process, all-round and full coverage of compliance management, and put the concept of compliance due diligence throughout the whole process of operation and management activities of all posts, lines and businesses, so that the spirit of compliance can effectively play its role and build a barrier for safe development.

There is an old saying: "The wise are far away before they sprout, and the wise avoid danger before they take shape." With the gradual acceleration of the high-quality development of the Agricultural Development Bank, higher compliance requirements and risk control challenges are put forward for each of our agricultural producers. We should always keep in mind the concept of "compliance first, risk control first, comprehensive initiative, prudence and steadiness", implement the compliance culture in our daily work and business development, effectively use compliance to escort development, and make unremitting efforts to ensure national food security and serve rural revitalization on the road of supporting agriculture! (Jia Zikai, Chengde County Branch of Agricultural Development Bank)