G+D Compliance Organization
The central elements of compliance organization are the Compliance offices of Giesecke+Devrient GmbH, G+D Currency Technology GmbH and G+D Mobile Security GmbH at the Munich headquarters. A Chief Compliance Officer who reports directly to the CEO of the relevant company is appointed as the head of each of the above.
All three Chief Compliance Officers (CCOs) are supported by Local Compliance Officers (LCO) at each G+D business location. There is also a Compliance Committee at the subgroup parent company level. The CCO and representatives from a wide range of departments meet under the chairmanship of the relevant CEO to exchange information on current compliance cases and topics. The objective is to analyze identified risks and new legal requirements in order to be able to modify processes early on if required. Outside the compliance organization, various compliance-related topics such as data privacy, money laundering, export control, human rights, or handling possible conflict minerals are covered by specialist functions.