Compliance & Governance
Banks, refineries, and government buyers check the compliance program before they check the price. Here is ours.
Compliance Is the First Step of Every Transaction — Not the Last
Energy trade compliance at HUOT is not a checkbox at closing. Counterparty verification, sanctions screening, and documentation review happen before commercial terms are discussed. If a transaction cannot clear our compliance program, it does not move forward. Period.
Corporate Governance
Clear ownership, documented decision authority, and written policies that govern how HUOT enters commitments, signs contracts, and manages counterparty risk.
Ethics & Integrity
We deal honestly with clients, suppliers, and regulators. Misrepresentation of products, pricing, or capability is grounds for ending a relationship — internal or external.
OFAC Compliance
All counterparties, vessels, and destinations are screened against OFAC's SDN and sanctions lists and applicable international restrictions before engagement.
AML Compliance
Anti-money-laundering procedures govern how funds move in every transaction: verified beneficial ownership, documented source of funds, and bank-to-bank channels only.
KYC Procedures
Know-Your-Customer verification is required for every buyer and seller — corporate registration, beneficial ownership, authority to transact, and transaction history.
Anti-Bribery Policy
HUOT prohibits bribes, kickbacks, and facilitation payments in any form, in any market, consistent with the U.S. Foreign Corrupt Practices Act and local law.
Vendor Qualification Standards
Suppliers are qualified on documentation, financial standing, performance history, and compliance posture before they enter the HUOT vendor network.
HSE Commitment
Health, safety, and environmental responsibility factor into sourcing decisions, logistics planning, and the partners we choose to work with.
Quality Assurance
Product specifications, inspection reports, and delivery documentation are verified at each stage — SGS or equivalent inspection on commodity transactions.
Need Our Compliance Documentation?
Compliance summaries and corporate documentation are available to qualified counterparties as part of vendor registration and banking review.
Request Documentation