Compliance

Home / Compliance

Compliance Statement — Octalas Banking

At Octalas Banking, compliance is more than a regulatory requirement — it is a core pillar of our integrity, reputation, and long-term success.
We are committed to maintaining the highest standards of legal, ethical, and regulatory compliance across all aspects of our operations, ensuring that our clients, partners, and stakeholders can trust in the safety, transparency, and integrity of our services.

Regulatory Compliance

Octalas Bank is a trading brand of Octalas Group Limited, which is licensed as a Banking Service Provider under EQI Bank.
Octalas Group Limited is registered in the Republic of Ireland, and operates in full compliance with Irish and international financial regulations, as well as the governance framework set forth by EQI Bank.

Our compliance structure is designed to meet or exceed all regulatory obligations, including but not limited to:

  • The Central Bank of Ireland’s financial conduct and prudential standards
  • Anti–Money Laundering (AML) and Counter–Terrorist Financing (CTF) laws and regulations
  • Sanctions compliance and transaction monitoring requirements
  • Know Your Customer (KYC) and due diligence obligations
  • Data protection and privacy laws, including the General Data Protection Regulation (GDPR)
  • Ethical conduct standards as defined in our internal Code of Conduct and supervised under the EQI Bank governance framework

Ethical and Responsible Banking

Our commitment to compliance is built on the belief that ethical banking is the only sustainable banking.
All Octalas Banking employees, executives, and representatives are required to uphold the highest standards of professional and ethical behavior, ensuring fairness, transparency, and integrity in every client interaction and business decision.

We maintain a zero-tolerance policy for fraud, bribery, corruption, and any form of misconduct.
Our compliance culture encourages employees to report potential concerns or irregularities through secure and confidential channels, ensuring accountability at every level of the organization.

Anti–Money Laundering and Counter–Terrorist Financing (AML/CTF)

Octalas Banking enforces robust AML and CTF programs in line with international standards, including those established by the Financial Action Task Force (FATF).
Our procedures include comprehensive customer due diligence (CDD), enhanced due diligence (EDD) for high-risk clients, ongoing transaction monitoring, and suspicious activity reporting (SAR).

We invest in advanced technology and analytical tools to detect unusual patterns, mitigate risks, and ensure that our platform is not used for illicit or unlawful activities.

Data Protection and Privacy

Octalas Banking treats client data with the utmost care and confidentiality.
All personal and financial information is processed in accordance with the General Data Protection Regulation (GDPR) and relevant Irish data protection laws.
We maintain strict internal controls, encryption standards, and access protocols to safeguard data integrity and prevent unauthorized disclosure or misuse.

Clients retain full rights to data access, correction, and deletion in accordance with applicable legislation, and we are committed to handling all data ethically, transparently, and securely.

Risk and Compliance Oversight

Our Compliance and Risk Committees oversee all activities related to regulatory adherence, ethical conduct, and risk management.
These committees operate under the supervision of EQI Bank and are responsible for ensuring that Octalas Banking’s policies, products, and client engagements remain fully compliant with the evolving legal and regulatory landscape.

Regular audits, compliance reviews, and staff training ensure that every team member understands their responsibilities and that our compliance standards remain robust, current, and effective.

Continuous Improvement

At Octalas Banking, we recognize that compliance is a dynamic process that evolves alongside new regulations, technologies, and market developments.
We continuously review, update, and strengthen our compliance framework to reflect international best practices and changing legal requirements.

Ongoing staff training, system enhancements, and external audits ensure that our governance, risk, and compliance controls remain effective, proactive, and future-ready.

Our Commitment

Through unwavering dedication to compliance, integrity, and ethical leadership, Octalas Banking ensures that every transaction, partnership, and service reflects our mission — to deliver Super Banking that is transparent, secure, and built on trust.

Compliance is not simply a department within Octalas — it is a culture that defines who we are and how we serve.

Octalas Group Limited
Registered in the Republic of Ireland
Trading as Octalas Bank — Licensed Banking Service Provider under EQI Bank
Phone: +353 1 5666 640 | Email: info@octalas.com