Every barrel has a paper trail.

Sanctions screening

Every counterparty is screened against the consolidated sanctions lists of:

• The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury
• The European Union consolidated list of designated persons and entities
• His Majesty's Treasury (United Kingdom) Office of Financial Sanctions Implementation
• The United Nations Security Council Consolidated List
• The applicable lists maintained by United Arab Emirates authorities

We do not transact with, on behalf of, or for the benefit of any person, entity, or vessel listed on any of the above. We do not handle products of unverified or sanctioned origin.

Anti-Money Laundering

ANKOR TRADE F.Z.E. maintains a Know-Your-Customer (KYC) programme aligned with the recommendations of the Financial Action Task Force (FATF) and the requirements of the UAE Central Bank. Before any transaction, we collect and verify:

• Certificate of incorporation and good standing
• Beneficial ownership disclosure (UBO)
• Identification documents of authorised signatories
• Proof of operational address
• Source of funds and source of wealth declaration where applicable

Suspicious activity

Any transaction or counterparty exhibiting indicators of money laundering, terrorism financing, or sanctions evasion is reported to the appropriate authorities under UAE law. We reserve the right to terminate any transaction unilaterally where compliance concerns arise.

Anti-Bribery and Corruption

ANKOR TRADE F.Z.E. has a zero-tolerance position on bribery, facilitation payments, and corrupt practices. Our internal code of conduct prohibits the offering, giving, accepting, or soliciting of any improper advantage in connection with the company's business. This applies to all employees, agents, and intermediaries acting on our behalf.

Reporting

If you have any concerns regarding the integrity of an ANKOR TRADE transaction, employee, or counterparty, please contact accounts@ankortrade.net. Reports are reviewed by the Compliance function with full confidentiality.