A Framework Built for the Highest Standards of Global Trade.
Ethicorex operates within a comprehensive compliance framework designed to meet and exceed the requirements of international trade regulations, financial crime prevention standards, and industry best practices.
Compliance is not a checkbox at Ethicorex — it is the foundation upon which every transaction is built.
We maintain a rigorous, multi-layered compliance programme that encompasses counterparty due diligence, sanctions screening, regulatory alignment, and ongoing transaction monitoring. Our approach is informed by international standards and continuously updated to reflect the evolving regulatory landscape.
Standards We Operate Within
AML / CFT
FATF Recommendations
Full alignment with the Financial Action Task Force recommendations on anti-money laundering and counter-financing of terrorism, applied across all counterparty relationships and transaction structures.
Sanctions
OFAC Compliance
Comprehensive screening against OFAC Specially Designated Nationals lists and all applicable US, EU, and UN sanctions regimes prior to and throughout each transaction.
Trade Finance
UCP 600
All letter of credit structures and documentary credit instruments are aligned with ICC Uniform Customs and Practice for Documentary Credits (UCP 600) standards.
Trade Practice
ICC Standards
Adherence to International Chamber of Commerce standards for international trade, including Incoterms rules and documentary collection practices.
Quality Management
ISO 9001
Our operational processes are structured in accordance with ISO 9001 quality management principles, ensuring consistent, documented, and auditable procedures across all service lines.
Data Governance
GDPR & Data Protection
Counterparty data and transaction information are managed in accordance with applicable data protection regulations, with strict controls on access, retention, and disclosure.
Counterparty Verification at Every Stage
Identity Verification
Comprehensive verification of counterparty identity, beneficial ownership, and corporate structure through primary source documentation.
Sanctions Screening
Real-time screening against all applicable sanctions lists, including OFAC, EU, UN, and jurisdiction-specific regimes.
Risk Assessment
Transaction-specific risk assessment covering counterparty risk, jurisdictional risk, commodity risk, and financial crime risk.
Ongoing Monitoring
Continuous monitoring of counterparty status and transaction activity throughout the deal lifecycle, with escalation protocols for identified concerns.
Our Compliance Commitment
We maintain a zero-tolerance policy for transactions that do not meet our compliance standards. No commercial consideration will override our commitment to operating within the bounds of applicable law and ethical practice.
Compliance Enquiries