Rothschild & Co Compliance Policy Statement
Introduction
The following article outlines the comprehensive compliance policy statement from Rothschild & Co, highlighting the firm’s stance on various regulatory and ethical matters.
Key Compliance Policies
Sanctions Policy Statement
Rothschild & Co has a rigorous sanctions framework in place to ensure compliance with economic sanctions laws and regulations applicable to its global operations. The key points of this policy include:
- Screening clients and transactions against sanctions lists
- Full disclosure of any sanctions issues
- Prohibitions on business activity that may violate group policy or applicable sanctions laws
Anti-Bribery and Corruption (ABC) Policy Statement
Rothschild & Co is committed to conducting its business affairs in compliance with ABC laws and regulations. The key points of this policy include:
- A comprehensive ABC risk assessment (risk map)
- Sharing key ABC information with senior management
- Specifying the significant consequences for breaching the Group Anti-Bribery & Corruption Policy
Tax Evasion Policy Statement
Rothschild & Co takes tax evasion seriously and has a policy in place to prevent it. The key points of this policy include:
- Reasonable client due diligence to mitigate the risk of handling or dealing with the proceeds of crime
- Identifying and reporting incidents where suspicion forms that the group is handling or dealing in the proceeds of crime
Fraud Policy Statement
Rothschild & Co maintains a robust fraud risk framework, which includes:
- Measures to detect and prevent fraudulent activity
- Appropriate measures to secure funds, assets, and/or technology when fraud is suspected or identified
Whistleblowing Statement
Rothschild & Co expects all employees to maintain the highest standards of professionalism and integrity. The key points of this policy include:
- A whistleblowing policy in place to allow individuals to confidentially escalate matters
- Assessing and resolving matters in a suitable manner