ROBUST COMPLIANCE

Compliance and conduct

Our comprehensive compliance framework has been enhanced over many years and adopts internationally recognised legal and regulatory standards. Our code of conduct sets out the standards of professional behaviour, integrity and diligence required from all of our people, wherever they work.

RESPONSIBLE CORPORATE LEADERSHIP

Trafigura’s compliance approach

We have implemented a range of policies and controls to comply with applicable laws and regulations, align to applicable international standards and promote compliant market conduct.

Our Compliance team has a global presence, with 26 full-time members based in China, Greece, India, Singapore, Switzerland, United Arab Emirates, the US and Uruguay. The Chief Compliance Officer reports directly to the Board Risk and Compliance Committee. Trafigura has sought to create a culture where employees can feel secure in seeking advice and raising concerns.

Focus on responsible conduct

Important compliance areas of focus across our operations and activities include topics such as anti-money laundering; prevention of bribery and corruption; trade and economic sanctions; anti-trust and competition law.

Key areas of financial regulatory compliance include market conduct; appropriate licensing; transaction reporting, confirmation and reconciliation; regulator and exchange engagement.

OUR STANDARDS FOR EMPLOYEES

Upholding compliance with applicable laws and regulations

Our Code of Business Conduct is designed to be a central reference point for all employees that sets out our corporate principles and business ethics.

Its requirements are a non-negotiable condition of employment for all of our staff. The Board and Executive Committee support the implementation of its principles as a strategic priority.

View Code of Business Conduct See our policies

MANDATORY TRAINING

Supporting our employees

Online mandatory training courses are completed by all staff on key risk topics including: anti-bribery and corruption; market abuse; anti-trust and competition law; and anti-money laundering. We provide regular guidance to employees as new laws and regulations are implemented and polices are updated.

KNOW YOUR COUNTERPARTY

Continual improvement of our approach to counterparty due diligence

Key to the assessment of counterparties is the Know Your Counterparty (KYC) onboarding and monitoring processes, alongside our enhanced process for high-risk entities. This due diligence system is regularly reviewed to reflect the changing regulatory environment.

Our policies, processes, and controls

Trafigura’s compliance areas of focus include commercial, financial, and regulatory compliance.

To support this, Trafigura has implemented a range of policies and controls that are foundational to complying with applicable laws and regulations, alongside alignment to international standards and promoting compliant and responsible conduct.