They are all reborn, and the grandson is still a spare tire

After Mr. Chen's secretary left the meeting room, Yao Yuan immediately looked at the Director of Compliance and said with a smile:

"Mr. Xie, please tell me about your compliance department. The compliance department of the Beijing headquarters was established not long ago, but the results are very impressive and worthy of recognition."

Hearing this, almost everyone in the conference room shuddered uncontrollably.

Everyone knows what the Group Compliance Department does. It is the Group’s Disciplinary Inspection Department!

What’s even more terrible is that the entire group has three compliance departments, located in three headquarters.

Moreover, the three compliance departments frequently conduct cross-audits and supervise each other, almost eliminating all possibilities of loopholes.

The Compliance Department of the Beijing headquarters was established only two months ago, but it has already discovered more than a dozen cases of violations of laws and regulations within the group.

Two of the branch executives who were suspected of misappropriating funds were directly prosecuted by the group and sent to prison.

All the construction funds that they misappropriated and embezzled were frozen by the bank at the first opportunity, and they didn't get a penny in profit.

With such a compliance department supervising at all times, how could one not be terrified?

Mr. Xie nodded and began to explain the situation.

"Okay, Mr. Yao, the compliance department of the Beijing headquarters has only been established for less than two months and is still under construction."

“Two weeks after the Compliance Department was established, we started to monitor the operations of the Beijing headquarters and its branches, as well as the flow of funds, etc.”

"Since then, we have discovered some illegal and irregular situations within the company, reported them in a timely manner, handled them, and provided compliance guidance."

"Including several cases of misappropriation of construction funds and corruption, all of which were discovered at the first time, reported to the police, and the funds involved were quickly frozen to avoid causing greater losses..."

Next, Mr. Xie briefly introduced the work status and achievements of the Compliance Department of the Beijing Headquarters since its establishment.

Several typical cases are introduced in detail.

After he finished his introduction, Yao Yuan nodded approvingly.

"You have done a great job. Thank you for your hard work. The Compliance Department of Jiuye Investment Group has similar responsibilities to the Discipline Inspection Department."

“In their work, the Compliance Department does not conduct any investment business, but is responsible for monitoring and supervision to ensure the healthy development of the group.”

"As our group grows rapidly, it is inevitable that some illegal and irregular things will occur, such as embezzlement, bribery, misappropriation of funds, collusion between internal and external parties to infringe on the interests of the group, etc."

"This is when the compliance department should step in. Once the compliance department finds a problem, they will handle it in whatever way they want, including warnings, fines, dismissal, or even legal proceedings..."

Hearing what Yao Yuan said, everyone was frightened again.

The next moment, Yao Yuan suddenly changed the subject.

"Since we are here, let me talk about the Compliance Department. This is also a reminder to all executives and employees of the group to always pay attention to legal and compliance issues in their work."

"Our group has three independent compliance departments, located in Hong Kong Island, Beijing and Shanghai. The total number of employees in the three compliance departments will exceed 4000."

"Each compliance department operates independently and is responsible for monitoring every company, every project, every business, every transaction, and even the flow of every penny under each headquarters, and conducts thorough penetrating monitoring."

"In addition, the three compliance departments are directly responsible to me and are led by me. They can bypass all the executives of the three headquarters and report directly to me without any concerns or constraints from any executives."

"To ensure that there are no problems within the three compliance departments, the three compliance departments will conduct cross-audits every quarter to audit the business of the other two compliance departments. If there is a problem in any compliance department, the senior management and relevant employees of that compliance department will be held responsible."

"Here, I want to remind everyone in the group that our group's salary and benefits, plus the year-end bonus, are absolutely the best in the country. I will not treat any hard-working executives and employees in the group unfairly."

"While receiving the best salary and benefits in the country, I hope everyone can abide by the law and comply with the various rules and regulations formulated within the group. Do not violate the law or regulations, as that will cost you dearly."

"Let me put it this way. As long as I want to know about every business transaction and the flow of every penny in our group, I can get the details in minutes. Any form of illegal or irregular behavior will not work in Jiuye Investment Group."

"Even if someone is so powerful that he can take the group's funds for himself or even take them abroad, I have many ways to bring him to justice and recover all the funds."

"For example, abroad, I can use my huge influence in the international financial market to make foreign banks freeze all his deposits, turning him into a complete pauper and then a homeless person."

"Jiuye Investment Group is a private company, not a state-owned enterprise. Some of the customary rules do not apply to our group, especially abroad, where they are not binding at all..."

"hiss!"

Everyone was startled and took a deep breath in secret.

"Oh my god! This young man is such a ruthless person! Why do I feel a chill running down my spine?"

"Three compliance departments with a total of more than 4000 people, isn't that a 4000-person disciplinary inspection team? Too scary!"

"It's terrifying to think that 4000 people do nothing but stare at you all day, to see if you will violate the rules so that they can report you to the chairman of the group and take credit for it!"

Everyone was muttering to themselves, and each of them was sounding the alarm in their hearts.

In the future, we must always pay attention to compliance issues and never violate laws and regulations, otherwise we will be in big trouble!

It would be so unfair if I lost my job at Jiuye Investment Group because of illegal and irregular behavior!

Where can I find such a good job? I can’t find it even with a lantern!

After talking about the Compliance Department, Yao Yuan looked at Mr. Chen again and said with a smile:

"Mr. Chen, can you please tell me about the equity pledge financing of the two Sichuan-West Expressways? What is the progress?"

"Okay, Mr. Yao"

Mr. Chen nodded in response and began to explain the situation.

"On the 15th of last month, the Bashu Transportation Department and the Expressway Project Command sent us the equity pledge financing report."

"Our infrastructure investment team conducted an analysis and study of the two financing reports and learned about the other party's financing needs."

"At the end of the month, the two research teams we organized set out together to the western Sichuan Plateau to conduct field research."

"The two research teams are composed of investment specialists from our group, several geological experts, and talents who are proficient in engineering cost."

"By the way, your two college classmates, Wu Lan and Wang Xinran, are in one of the research teams. They are participating in the research activities as interns."

Hearing this, a hint of worry flashed across Yao Yuan's eyes.

However, he smiled and nodded.

"I know about this. When the research team was being formed, Wu Lan specifically called me and told me that this was his initiative!"

"These two guys are a couple. They want to take this opportunity to go to the western Sichuan plateau for a research trip to have a unique graduation trip. I had no choice but to nod and agree."

"I have to say, these two guys are quite romantic. The western Sichuan Plateau at this time of year is the most beautiful. I want to go on a trip to relax!"

As he said this, everyone laughed.

But little do people know the huge risks hidden behind this romance.