GLONGHUI, September 29 | According to a memorandum quoted by Reuters, Citigroup warned some employees to prevent fraud and unethical behavior and said it is considering strengthening the review of suppliers to ensure that the company's bills are accurate. Citi has been working to address weaknesses in its controls and risk management. The memorandum states that Citigroup has zero tolerance for unlawful and unethical behavior by employees, non-employees, and suppliers. Previously, Citigroup was fined $0.136 billion by regulators in July 2023 for failing to improve its internal control system in a timely manner. Citi is considering increasing the level of supervision of outsourced work to ensure that the supplier's work is in line with the company's needs and that the remuneration for working hours is reasonable. The bank also requires employees to report any potential misconduct or violation of its policies, and will investigate suspected misuse of the company's resources for profit.
花旗强化内部控制 警告员工及供应商防范不当行为
Citigroup strengthens internal control, warning employees and suppliers to prevent improper behavior.
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