Compliance and conduct

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.

Our Code of Business Conduct sets out our corporate principles and business ethics, which all employees, officers, and directors must follow when acting on behalf of Trafigura. 

Compliance with the Code and Compliance Policies is a mandatory requirement of employment at Trafigura. The Board and Executive Committee support the implementation of its principles as a strategic priority. 

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.