As a physical trader, Estany Commodities is subject to regulatory oversight from multiple authorities worldwide. This means that virtually every aspect of our business is impacted to a greater or lesser degree by regulations covering areas such as health and safety, insurance, emission, and environmental control, product and cargo regulations, financial crime, international trade and sanctions, and banking, exchange and derivatives market rules.
To ensure compliance with this extensive and constantly evolving regulatory environment, Gunvor maintains rigorous corporate protocols and a strict compliance program. Our Compliance Department oversees and provides advice and training for Gunvor trading centers worldwide. In all of our operations, we adhere to the laws and regulations to which we are subject, both international and local, in the jurisdictions in which we operate.
At Estany Commodities, we are proactive in addressing evolving compliance standards. This includes strengthening contract language with counterparties to enhance contractual prohibitions against trading with countries and entities under economic sanctions. We are committed to maintaining the highest level of compliance to protect our clients and our company and maintain our reputation as a trusted and responsible commodity trader.