Operating in the international petroleum market carries significant regulatory obligations and reputational responsibilities. Aurore Commodities has embedded compliance into the fabric of our operations rather than treating it as a peripheral function.
Strong compliance is not simply a regulatory requirement, it is a commercial advantage. Buyers, banking partners and counterparties want to work with companies they can trust to operate within the law, conduct thorough due diligence and maintain the highest standards of corporate governance. Our compliance framework is designed to meet this expectation at every stage of every transaction.
We work exclusively with established international banking institutions and do not engage in transactions where the proposed payment mechanism raises compliance concerns, regardless of the commercial opportunity involved.
Our Full Process
Comprehensive identity verification, beneficial ownership analysis, corporate structure review and business reputation assessment on every counterparty. No transaction proceeds until KYC requirements are fully satisfied.
AML procedures designed to detect and prevent the use of our operations for money laundering or terrorist financing. We monitor transaction patterns, verify the source and destination of funds and maintain detailed records of all financial flows.
All counterparties, vessels, ports and jurisdictions screened against lists maintained by the United Nations, EU, United States (OFAC) and UK. Screening is conducted at the outset of each transaction and repeated at key milestones.
Zero-tolerance towards bribery and corruption in all forms. We prohibit the offering, giving, soliciting or accepting of any improper inducement, directly or through third parties, compliant with the UK Bribery Act and US FCPA.
Every SPA, charter party and financial instrument is drafted or reviewed by qualified legal counsel with clear provisions for dispute resolution, force majeure, quality specifications and payment terms under UCP 600.
Transparent governance with clear lines of accountability, proper record-keeping and regular compliance reviews. We engage independent legal counsel and compliance advisors to ensure our procedures remain aligned with evolving regulatory requirements.