In accordance with part 4 of Article 76 of the Law of Ukraine "On Capital Markets and Organized Commodity Markets", UEEX LLC has implemented internal control systems (compliance, risk management and internal audit subsystems).The main task of internal control and audit at LLC "UEEX is to control the functioning of the management system at all levels and areas of the Exchange’s activities.
In order to facilitate its core business, UEEX LLC carries out compliance procedures by defining the basic principles and approaches to compliance with the requirements of the law, operational, regulatory, organizational and administrative and other documents of the Exchange, protecting and maintaining UEEX’s positive business reputation, as well as creating an effective system for managing compliance risks and other business risks.
An important element in the development and operation of such a system is the Risk Management Strategy of UEEX LLC, which defines the general principles, objectives, approaches, and tools for identifying, assessing, monitoring, controlling, and minimizing risks that may arise in the course of the Exchange’s operations. This Strategy is essential for ensuring the stability, continuity, and transparency of UEEX LLC’s operations, enhancing the protection of the interests of the Exchange, its participants, and clients, as well as for the proper compliance with the requirements of legislation and the Exchange’s internal documents.
UEEX uses internal audits, self-assessments and external audits to improve the quality of the management system and its effectiveness.
