Compliance
UNICOR conducts all of its activities in compliance with local and international laws and regulations. A strong compliance culture is key to UNICOR's success.
Compliance is the responsibility of every employee at UNICOR. UNICOR conducts all of its activities in compliance with local and international laws and regulations. The management team at UNICOR has very high expectations of all of our people when it comes to Compliance and we strive to set and to comply with market and industry best practices over and above the law wherever possible.
In all of our businesses we expect the partners that we work with to operate to international standards in all areas and to share our commitment to full compliance with our Code of Conduct.
In addition to local and international laws UNICOR is subject to physical, financial and environmental regulations across the globe in all of the countries in which it trades and operates. UNICOR strives to work in a proactive, open and co-operative manner with all of its regulators around the globe. To ensure we are compliant with the many laws and regulations applicable to us UNICOR has an extensive Compliance Programme which is mandated and endorsed by UNICOR's management team and implemented and overseen by the UNICOR Compliance team.
The Code of Conduct serves as the hallmark of UNICOR's commitment to ensuring that all employees maintain the highest level of integrity and transparency in the performance of their individual and collective roles and responsibilities.
Integrated with our vision and our expectation of compliance, UNICOR creates through its employee training, and an internal system of governance policies; a framework to guide its business conduct around the globe.
Focus on KYC
As one of the largest traders in physical commodities, UNICOR has a reputation for the strong, consistent manner in which it conducts the logistics of its business. Coupled with this is our ability to collaboratively work with our customers and partners.
Key to these effective partnerships is our insistence on a prudent “Know-Your-Counterparty” (KYC) evaluation prior to execution of any contract or engagement in formal business dealings. In so doing, we seek to take a measured and conservative approach to our risk management.
Our KYC evaluation is multi-faceted, designed to understand our counterparty's commercial strength, compliance standing, and extending to incorporate our own sense of ethics into our assesment.
Similarly, UNICOR prudently follows a program to conduct appropriate Due Diligence prior to entering any investments, acquisitions or joint ventures.
With UNICOR's world-wide business activities, we recognize the challenges that can arise in sourcing materials in or near to areas affected by conflict and / or other governance issues. In this regard UNICOR has implemented procedures to conduct various degrees of enhanced due diligence in all its business dealings in or around these jurisdictions. In particular, UNICOR seeks to regularly investigate its commodities supply chain to help ensure that UNICOR in no way contributes to human rights abuses or violence or exploitation in conflict affected areas. Further, within this framework, UNICOR applies its due diligence to assure that any counterparties we may work with are not the subject of legal sanctions.
UNICOR Privacy Policy
UNICOR operates in a number of countries around the globe and is committed to protecting your data, respecting your privacy and dealing with your information in a fair and lawful way.