Anti-Terrorism & Anti-Money Laundering
Steencore Group maintains a zero-tolerance position toward terrorism financing, sanctions evasion, and money laundering. The Company is committed to ensuring that no funds, assets, or commercial activities are used directly or indirectly to support criminal conduct or designated terrorist organisations.
Robust anti-money laundering (AML) and counter-terrorism financing (CTF) controls are embedded within Steencore’s governance framework. These include risk-based client and counterparty due diligence (KYC), sanctions screening, transaction monitoring, escalation procedures, and internal reporting mechanisms. Enhanced review measures are applied where higher-risk jurisdictions, complex ownership structures, or politically exposed persons are identified.
Beyond legal compliance, the policy safeguards institutional trust. Any association with illicit finance can materially damage reputation, disrupt banking relationships, and impair insurer and counterparty confidence.
Steencore’s framework is aligned with applicable international AML standards and sanctions regimes, supporting the expectations of banks, insurers, regulators, and institutional partners.
Further detail is available in the full Anti-Terrorism & AML Policy (see linked document).
Steencore Group - AT & AML Policy
