"Compliance in a sector such as financial management and intermediation is of unquestionable systemic importance".
As a leader in alternative private equity financing, DEXTER has considered it essential, since its foundation, to scrupulously adhere to a regulatory compliance plan that is materialised, in the relationship with customers, at the time of their analysis. Everything is aimed at adequate risk management and strengthening the company's reputational value.
The application of compliance to applicants for mortgage-backed loans consists of ascertaining, in the track record of these companies, their compliance with a series of guidelines, rules and regulations that qualify them as corporations, clearly, with safeguards. Such compliance, within a sector such as financial management and intermediation, is of unquestionable systemic importance.
As the Director of Risk Analysis at DEXTERJosé Enrique Chasserot, "It is not only a question of determining, in the past, certain inappropriate behaviour and actions of an applicant but, more importantly in our case, of preventing them in the future"..
Compliance has multiple effects, one of which is to reduce credit risk, i.e. to reduce the likelihood that the borrower will not pay the agreed debt or will pay late. But, almost as important, if not more so, is the reduction of the risk of keeping in the market with a loan granted to someone who may have carried out irregular activities in the past and could reproduce them in the future.
