Compliance

As a company, we strive to conduct business in accordance with the highest ethical standards. This includes full compliance with all applicable laws and regulations aimed at combating money laundering and terrorism financing, including: UAE Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Countering the Financing of Terrorism, Cabinet Decision No. 10 of 2019, and Related regulations issued by the UAE Central Bank and the Financial Intelligence Unit (FIU). Quantico Trading has developed and regularly updates an internal compliance policy to mitigate the risks associated with money laundering and terrorism financing in connection with its operations and the movement of goods.

Quantico Trading adheres to international sanctions legislation in its global operations. We do not engage in commercial transactions involving countries, territories, organizations, individuals, goods, or services subject to sanctions issued by OFAC, the United Nations, the European Union, the United Kingdom, Switzerland, and the UAE. We avoid any transactions that may expose our business or our clients to sanctions-related risks. To manage these risks, our compliance team conducts daily monitoring of sanction regimes. We verify all jurisdictions with which we operate to ensure compliance with applicable sanctions and restrictions. We also monitor legal developments to ensure our operations do not contribute to the circumvention of sanction laws.

Quantico Trading regularly conducts training for its employees and performs Know Your Customer (KYC) checks on all its counterparties. Our policy involves conducting comprehensive Due Diligence at the outset of each business relationship and, where necessary, on suppliers, distributors, clients, agents, and other parties we deal with. This ensures we have confidence in the identity and legitimacy of our partners and that there are no legal impediments to conducting business or entering into contracts.

Additionally, Quantico strictly adheres to all compliance and due diligence requirements established by the UAE Central Bank and commercial banks in the country in relation to foreign trade activities.