Risk & Compliance
Robust procedures ensuring safe, compliant, and sustainable global operations.
Risk management is one of the main functions of Futura Energy. We operate a comprehensive Compliance Risk Management System to ensure adherence to international trade control and export regulations.
Our approach integrates proactive due diligence, continuous monitoring, and rigorous internal controls across all trading activities, counterparties, and operational jurisdictions.
Compliance Framework
Four core policies ensuring regulatory adherence and operational integrity
KYC Procedure
Comprehensive Know Your Customer protocols for all counterparties, including beneficial ownership verification and ongoing relationship monitoring.
Sanctions Compliance
Rigorous screening against international sanctions lists (UN, EU, OFAC, UK) for all entities, individuals, vessels, and jurisdictions involved in transactions.
Anti-Bribery & Corruption
Zero-tolerance policy for bribery and corruption, supported by clear guidelines, training, and reporting mechanisms for all employees and partners.
AML/CTF
Anti-Money Laundering and Counter-Terrorist Financing controls, including transaction monitoring, suspicious activity reporting, and regulatory cooperation.
KYC Procedure
Comprehensive Know Your Customer protocols for all counterparties, including beneficial ownership verification and ongoing relationship monitoring.
Sanctions Compliance
Rigorous screening against international sanctions lists (UN, EU, OFAC, UK) for all entities, individuals, vessels, and jurisdictions involved in transactions.
Anti-Bribery & Corruption
Zero-tolerance policy for bribery and corruption, supported by clear guidelines, training, and reporting mechanisms for all employees and partners.
AML/CTF
Anti-Money Laundering and Counter-Terrorist Financing controls, including transaction monitoring, suspicious activity reporting, and regulatory cooperation.
Risk Management Framework
Integrated risk monitoring, control, and reporting at internal and external levels
- Liquidity planning
- Working capital management
- Credit and collection policies
- KYC procedures
- Compliance policies
- Anti-bribery and anti-corruption controls
- B2B pricing strategies
- Price hedging
- FX hedging
- Commodity hedging
- Business continuity planning
- Backup systems and IT infrastructure
- Careful supplier selection
Corporate Risks
- Business continuity planning
- Backup systems and IT infrastructure
- Careful supplier selection
Market Risks
- B2B pricing strategies
- Price hedging
- FX hedging
- Commodity hedging
Financial Risks
- Liquidity planning
- Working capital management
- Credit and collection policies
Compliance Risks
- KYC procedures
- Compliance policies
- Anti-bribery and anti-corruption controls
Due Diligence Process
Comprehensive counterparty screening to identify sanctions, reputational, ownership, and vessel-related risks
Initial Screening
All counterparties screened against sanctions lists, adverse media, and PEP databases before engagement.
Risk Assessment
Evaluation of ownership structure, jurisdiction, business model, and reputational factors to determine risk profile.
Ongoing Monitoring
Continuous monitoring of counterparties and vessels throughout the relationship, with periodic re-screening and updates.
Initial Screening
All counterparties screened against sanctions lists, adverse media, and PEP databases before engagement.
Risk Assessment
Evaluation of ownership structure, jurisdiction, business model, and reputational factors to determine risk profile.
Ongoing Monitoring
Continuous monitoring of counterparties and vessels throughout the relationship, with periodic re-screening and updates.
Continuous Improvement
Proactive adaptation to evolving regulatory environments and industry best practices
Regulatory Monitoring
Continuous tracking of regulatory changes across all jurisdictions in which we operate, with immediate policy updates as required.
Internal Training
Regular compliance and risk management training for all staff, ensuring awareness of current regulations and internal procedures.
Advisory Support
Guidance and support provided to counterparties on compliance matters, fostering a culture of shared responsibility and transparency.
Regulatory Monitoring
Continuous tracking of regulatory changes across all jurisdictions in which we operate, with immediate policy updates as required.
Internal Training
Regular compliance and risk management training for all staff, ensuring awareness of current regulations and internal procedures.
Advisory Support
Guidance and support provided to counterparties on compliance matters, fostering a culture of shared responsibility and transparency.
Navigating Complex Regulatory Environments
Futura Energy has successfully maintained and expanded its business and trading flows in ex-CIS countries through a strong emphasis on risk analysis and compliance procedures in a complex new regulatory environment.
Futura Energy has successfully maintained and expanded its business and trading flows in ex-CIS countries through a strong emphasis on risk analysis and compliance procedures in a complex new regulatory environment.