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Governance & Compliance

Structure

OQ Supply & Trading is comprised of OQ Trading Limited, incorporated in the Dubai International Financial Centre (DIFC) in Dubai – UAE, together with its wholly owned subsidiaries OQ Trading (Singapore) Pte. Ltd., OQ Trading (Europe) B.V., OQ Trading (Shanghai) Co. Ltd., and OQ Trading (US) Inc. as well as an OQ Trading Limited representative office in Muscat, Oman. We pride ourselves on carrying out our business activities with professionalism, integrity and excellence.

Mission Statement

To be a global player in the commodities trading, marketing and supply chain management industries by upholding high professional standards of business integrity and maintaining its impeccable reputation, while continuously maximizing value to key stakeholders.

Our core values

Integrity:
Promote integrity, fairness and honesty in all our business relationships
Respect:
Respect the well-being of all internal and external stakeholders
Excellence:
Strive for excellence in everything we do
Equal Opportunity:
Employ and reward individuals based exclusively on their merit and competence
Value Delivery:
Deliver value to all our stakeholders

CORPORATE GOVERNANCE STATEMENT

OQ Supply & Trading is committed to maintaining globally high standards of business integrity and ethics, while adopting international best practice principles to ensure transparency in its reporting and fairness in its commercial activities.

COMPLIANCE STATEMENT

OQ Supply & Trading complies with all statutory government laws, rules and regulations applicable to its business and the jurisdictions in which it operates. Where local law is less stringent than the OQ Code of Conduct, the latter is

ANTI-BRIBERY AND CORRUPTION

OQ Supply & Trading has a zero-tolerance policy towards bribery and corruption and does not permit any of its employees, senior managers and/or directors to engage in acts of bribery or corruption. This applies to both government officials and non-government officials. OQ Supply & Trading expects the same level of compliance from any third parties associated with it.

ANTI-MONEY LAUNDERING

OQ Supply & Trading does not support nor facilitate money laundering in any form. OQ Supply & Trading will comply with all anti-money laundering regulations applicable in each of the jurisdictions in which it operates.

SANCTIONS

OQ Supply & Trading will not conduct business dealings with any individual or entity subject to sanctions. To ensure that we comply with all applicable sanctions laws and regulations, OQ Supply & Trading monitors relevant sanctions mentioned on applicable Advisory Notices and Guidance.

CUSTOMER DUE DILIGENCE

Before engaging or conducting any business with third parties, OQ Supply & Trading conducts reasonable and appropriate risk based due diligence to satisfy Anti-Money Laundering, Anti-Bribery and Corruption and Sanctions requirements.

GIFTS AND BUSINESS ENTERTAINMENT

All OQ employees are expressly prohibited from giving/receiving gifts that act as a bribe, kickback or facilitation payment. OQ employees may never ask for gifts, gratuities or other items that benefit them personally.

CONFLICTS OF INTEREST

An employee shall not use his position with OQ to gain advantage for his/her self or for others or use his/her influence to facilitate someone to obtain a benefit or preferential treatment.

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