Due Diligence & Counterparty Acceptance
Safeguarding Strategic Relationships Through Verified Counterparties
Steencore Group applies a structured, risk-based due diligence framework to all prospective clients, suppliers, intermediaries, and strategic partners. Our verification standards are designed to protect transaction integrity, banking relationships, insurer exposure, and downstream stakeholders across energy and critical minerals markets. Engagement is contingent upon independently verifiable legal identity, disclosed ultimate beneficial ownership, and demonstrable operational legitimacy. Transparency is a non-negotiable prerequisite for collaboration.
Client Due Diligence (CDD)
Prior to onboarding, Steencore conducts comprehensive Client Due Diligence in accordance with international AML/CFT standards, applicable sanctions regimes, and OECD responsible sourcing principles.
The review assesses:
Corporate structure and beneficial ownership
Financial capacity and transactional capability
Jurisdictional and sanctions exposure
Reputational and regulatory risk
Alignment with environmental, social, and ethical standards
The scope and intensity of review are proportionate to jurisdiction, transaction complexity, and risk profile. No engagement proceeds without formal compliance clearance.
Client Acceptance Principles
Steencore’s acceptance framework is grounded in transparency, accountability, and disciplined risk management:
1. Verified Identity & Ownership
Full disclosure and verification of legal status and ultimate beneficial ownership are mandatory.
2. Risk-Based Evaluation
Each counterparty is assessed against structured criteria, including jurisdictional risk, sanctions exposure, transaction characteristics, and supply-chain integrity.
3. Enhanced Due Diligence Where Required
Where elevated risk indicators arise, additional scrutiny is applied. Unresolved material concerns result in declined engagement.
Compliance & Counterparty Restrictions
Steencore maintains a zero-tolerance approach to financial crime, sanctions violations, corruption, and unethical conduct. We do not transact with entities that:
Are subject to sanctions or restrictive measures
Fail to provide required identification documentation
Present credible adverse regulatory or reputational findings
Exhibit indicators of money laundering, terrorist financing, or corruption
Operate in breach of fundamental human rights, environmental, or labour standards
Through consistent application of these standards, Steencore protects institutional capital, reinforces regulatory alignment, and preserves the integrity of its commercial platform.
