Sustainability Report 2022

5.5 Employee training
Regular trainings
To ensure compliance with the regulations and directives, we regularly train all permanent,
temporary and part-time employees on topics such as bank client and business secrecy,
cybercrime, market conduct rules or the Financial Services Act (Fidleg). We also inform
them about combating money laundering, terrorism financing and child and adult protection
and repeat these training courses at fixed intervals. All employees must complete
these training courses and answer the examination questions correctly.
Once a year, all employees confirm that they have complied with all applicable rules of
conduct, directives and regulations and have fulfilled their duties. All directives and regulations
are published on the intranet. In addition, we obtain an extract from the criminal
and debt enforcement register; for employees from certain business areas annually, for
the others every three years.
5.6 Organisation in relation to sustainability
On the Board of Directors, the Risk, Sustainability & Audit Committee will assume
responsibility for all sustainability issues from 2023. In the reporting year, the Board of
Directors appointed Manuel Rütsche as the Executive Board’s sustainability officer. He
has been a member of VZ Group’s Executive Board since 2018 and is responsible for the
group’s asset management. In addition, a Sustainability Committee was formed, which is
chaired by Manuel Rütsche and includes employees from Legal & Compliance and other
business units. This committee meets at least once a month.
26 Sustainability report 2022