• COMPLIANCE

    Compliance is integrated into our everyday business. Our business is complex and operates across multiple territories and jurisdictions. Well-defined and robust processes underpin our business operations worldwide.

Know Your Customer (KYC)

Our business is built on long term relationships and we value the many partnerships we have built over time. Notwithstanding, we carry out rigorous, risk based know your customer (KYC) procedures on all our partners and counterparties, and monitor these on an ongoing basis, as appropriate.

PARSBERG ensures that the appropriate compliance procedures meet the increasing regulatory demands. Therefore before engaging with any potential customers PARSBERG requires the Counterparty Registration form to be completed and returned to Parsberg.

Customer confidentiality should be respected as permitted and required by law, if in doubt Legal and Compliance should be consulted.

Please email the form to: [email protected]

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Code of Conduct

PARSBERG is committed to operating in a responsible and ethical manner, and to ensure that all of our employees, partners and stakeholders share this commitment, we have implemented a comprehensive Code of Conduct.

Our Code of Conduct covers a range of areas, including equal opportunity, valuing diversity, respect, health and safety, information and communication, and anti-bribery and corruption. We believe that these values are fundamental to our success as a business and our commitment to society as a whole.

In addition to our internal policies and procedures, we are also committed to maintaining positive and ethical relationships with all our stakeholders, including counterparties and partners. We comply with all applicable laws and regulations, and have a zero-tolerance policy towards bribery and corruption. We are committed to maintaining transparency and integrity in all our dealings with public officials, and have strict policies in place to avoid any potential conflicts of interest.

We also understand the importance of human rights and political activity, and are committed to upholding these principles in all our operations. We encourage our employees to speak up if they have any concerns or suspicions of wrongdoing, and we have established a whistleblowing policy to enable them to do so without fear of retaliation.

At PARSBERG, we take our responsibility to operate in a responsible and ethical manner very seriously, and our Code of Conduct reflects this commitment. We believe that by adhering to these principles, we can build a sustainable and successful business that benefits all our stakeholders.

Modern Slavery Act 2015

At PARSBERG, we are committed to preventing modern slavery and human trafficking in all its forms. We fully support the objectives of the Modern Slavery Act 2015 and are dedicated to ensuring that our business and supply chains are free from such exploitation. We have implemented robust policies and procedures to identify and mitigate the risk of modern slavery and human trafficking within our organisation and throughout our supply chain. We work closely with our suppliers to ensure that they share our values and commitment to eradicating modern slavery. PARSBERG will not tolerate any form of modern slavery or human trafficking, and we will take all necessary steps to address and remediate any such issues that may arise.