Counterparty screening
Counterparties are screened in a manner appropriate to their role in the supply network and the nature of the proposed relationship.
Compliance
Compliance built into our supply chain.
Counterparties entering the Baltic Biofuels supply network are subject to compliance and counterparty screening appropriate to their role and jurisdiction.
Screening framework
EU sanctions compliance
Screening is applied with regard to applicable EU sanctions requirements. This describes the intended control framework and does not constitute a legal opinion or completed clearance.
Country and jurisdiction screening
Counterparties may be assessed with reference to country and jurisdiction considerations relevant to the transaction and destination market.
Financial institution screening
Where relevant to the transaction, screening may also consider requirements associated with financial institutions involved in settlement or trade finance.
Supply-chain due diligence
Due diligence is intended to follow the supply chain according to the counterparty’s role, including origin, logistics and commercial arrangements.
Origin and traceability
Origin documentation is requested as part of supply-chain transparency and to support traceability from source through to destination.
Traceability
Traceability through the supply chain.
Origin documentation and due diligence are intended to support a transparent view of biomass from forestry source through logistics to European destination. The scope of documentation follows the role of each counterparty in the supply network.
Discuss compliance requirements.
Tell us about destination markets, counterparties and any screening requirements relevant to your supply enquiry.