#WO6(A116LR)
Worldline SA
3,79 €
07:30:58
Hoch: 3,88 €
Tief: 3,77 €
- Symbol:
- WO6
- WKN:
- A116LR
- ISIN:
- FR0011981968
^Worldline commits to robustness
Two external firms engaged to assess
risk framework and audit remaining HBR portfolio
Paris La Défense, 2 July 2025 - Worldline [Euronext: WLN], a global leader in
payment services, announces it has initiated two external assessments to
evaluate its risk management framework.
As part of a commitment to full transparency and to dissipate any residual
doubt, an audit has been commissioned to Accuracy on the remaining High Brand
Risk (HBR) portfolio to confirm its clean-up and alignment with its compliance
and risk framework.
Additionally, Worldline will undertake a comprehensive assessment of its
compliance and risk framework and its implementation, a task assigned to Oliver
Wyman. The main conclusions will be communicated alongside the Group earnings
report on October 21(st) and the first outcomes will be communicated alongside
the H1 financial communication on July 30(th).
This approach aims to conduct an in-depth review of the Group's HBR activities,
with first conclusions by the end of July, while simultaneously evaluating the
compliance and risk framework and their implementation and the control system.
By the end of October, we expect any potential weaknesses and improvement areas
to be identified, and in such cases, necessary action plans will be executed to
ensure optimal operational integrity.
This initiative, spearheaded by Top Management and the Board of Directors, will
be coordinated by Paul Hastings LLP law firm and overseen by a special ad hoc
committee of the Board of Directors, together with the Group CEO.
Worldline's Top Management and Board of Directors are fully committed to strict
compliance with regulations and risk prevention standards.
