While the basic ethical and legal underpinnings of Compliance remain stable, each year new laws are passed, regulations are updated, and the outcomes of tested cases all serve to advance and change how aspects of Compliance are implemented.
To ensure our employees are kept up-to-date, Gunvor has mandatory annual training for every employee covering many areas such as ABC, AML, market abuse and market conduct, Economic sanctions are measures imposed by governments or international organizations to restrict trade, financial transactions, or other economic activities with a targeted country, organization, or individual. These sanctions are typically... Read more, and other topics.
Risks and related policies are discussed. The latest developments in Compliance thinking are addressed.
These sessions are complemented by regular communications from Gunvor’s Compliance team to the company, highlighting topical compliance-related issues, such as market news of breaches and fines, and the latest developments around the world.
All relevant staff must complete the training. Gunvor’s business partners also undergo training.
To ensure our employees are kept up-to-date, Gunvor has mandatory annual training
Each year, Gunvor’s Compliance Team undertakes mandatory employee training and reviews. More than 800 individuals participated in the courses in 2021, representing 100% of those who require such training.