Responsibility
Trading physical commodities — energy and agricultural alike — carries real responsibilities to the people who handle our cargoes, the communities they move through, and the customers who rely on them.
A group Code of Conduct supported by anti-bribery and corruption, anti-money-laundering and anti-trust policies, with mandatory training across every desk.
KYC at onboarding and on a rolling basis — counterparties, directors and beneficial owners screened against sanctions and adverse-media databases, with enhanced diligence for higher-risk relationships.
Rathmar operates a sanctions and export-controls compliance program covering U.S. (OFAC and BIS), EU, UK, UN and Swiss (SECO) measures. Counterparties, their owners and directors, banks, vessels, ports and cargoes are screened before a contract is signed and again before nomination, loading and payment. Rathmar does not trade with designated persons or with entities they own or control, and does not trade into comprehensively sanctioned countries or regions. Business touching jurisdictions subject to targeted measures proceeds only where the transaction is permitted, including under humanitarian authorizations, and only after enhanced due diligence and Compliance sign-off. Dual-use and controlled goods are classified, and licensed where required, before shipment. See our Sanctions & Trade Controls Policy.
For sensitive goods and higher-risk destinations, including fertilizers, fuels, chemicals and dual-use items, Rathmar obtains end-use and end-user statements, screens the named consignee and receiver, and checks discharge and delivery documents against the contracted destination. Changes of destination, transshipment and ship-to-ship transfers need Compliance approval. Signs of diversion stop the trade.
Safe-handling requirements are written into every contract and verified with logistics providers — vessel vetting, tank and container standards and dangerous-goods documentation on every movement.
Safety data sheets and product documentation accompany every cargo; REACH, TSCA and food-safety registrations are maintained per market and per commodity.
Due diligence extends beyond sanctions — across both books we assess the provenance of cargoes, with attention to traceability in agricultural supply chains, and decline business that fails our standards.
Employees, counterparties, suppliers and anyone else may report suspected bribery, fraud, sanctions or export-control breaches, cargo diversion, money laundering, human-rights abuses or other misconduct to speakup@rathmar.com. Reports go to Compliance, are handled in confidence and need not include your name. Rathmar does not tolerate retaliation against anyone who raises a concern in good faith.