Prevention of money laundering and terrorism-related financing

UNIQA implements clear measures to prevent money laundering and terrorist financing, and to ensure compliance with financial and economic sanctions. Group-wide guidelines set out responsibilities, internal processes and the mandatory inclusion of sanctions clauses in insurance contracts. A central screening system regularly checks customers against sanctions and PEP lists, as well as on an ad hoc basis. Compliance with the requirements is continuously monitored, and relevant changes are communicated promptly to internal decision-making bodies.

The UNIQA Group requires both board members and employees to undergo mandatory anti-corruption training. The key content areas focus on topics such as corruption, gratuities, whistleblowing, conflicts of interest, and anti-money laundering measures.

All board members and employees in both internal and external roles in Austria are required to complete the compliance e-learning modules on the Code of Conduct and anti-money laundering annually. 

More detailed information on the current focus areas of anti-money laundering and terrorism financing prevention can be found in the latest (Consolidated) non-financial Statement in der UNIQA Group Report.