Counterparty review
Identity, ownership, commercial purpose and risk indicators.
Control before commitment.
Physical trading depends on knowing the counterparty, cargo, vessel, route and documents. Our process is built around that discipline.
Our approach
Integrated from the outset.
Compliance review is part of how a transaction is assessed and executed. Controls are applied in proportion to the trade, the parties and the risk context.
- Before commitment
- Counterparty, sanctions and vessel checks precede a firm commitment.
- In proportion
- The depth of review follows the trade, the parties and the risk context.
- On record
- Reviews and approvals are documented at each milestone.
Control pathway
Discipline across the trade.
Connected checks support informed decisions from onboarding through execution.
Sanctions screening
Relevant parties, vessels and routes checked before commitment.
Contract discipline
Product, delivery terms, documents and responsibilities defined clearly.
Vessel review
Identity, history, ownership indicators and voyage context considered.
Inspection
Independent quantity and quality verification used where appropriate.
Document control
Commercial and shipping documents checked at key milestones.
Speak up
Raise a concern.
If you have a concern about conduct connected with Veritase, contact the Speak Up channel. Do not include confidential trade information unless it is relevant to the concern.
Connecting
markets
Connecting supply with demand across key maritime markets.
Company profile
A closer look at Veritase.
Our business, our people and the principles behind our trade.
