Compliance & Security

Our Compliance Standards

Kazshabyt 2023 LLP is committed to maintaining the highest standards of regulatory compliance, anti-fraud protection, and transparent business practices across all petroleum trading transactions, ensuring security, integrity, and confidence for every participant.

Also Available Our Framework

Compliance Pillars

Know Your Customer

KYC Policy

  • All counterparties undergo mandatory KYC screening before any transaction
  • Government-issued identification for all authorized signatories
  • Certificate of Incorporation and corporate registration documents
  • Board Resolution or Power of Attorney authorizing the transaction
  • Ultimate Beneficial Owner (UBO) disclosure requirements
  • Periodic KYC reviews for ongoing business relationships

Anti-Money Laundering

AML Framework

  • Adherence to FATF (Financial Action Task Force) guidelines
  • Screening against OFAC, UN, and EU sanctions lists
  • Source of funds verification for all banking instruments
  • Suspicious Activity Reporting (SAR) procedures in place
  • No cash transactions; only verified banking instruments accepted
  • Continuous transaction monitoring for unusual activities and risk indicators

Global Compliance Checks

Sanctions & Risk Screening

  • Continuous screening against OFAC (Office of Foreign Assets Control) sanctions programs.
  • Verification against the UN Security Council Consolidated Sanctions List.
  • Monitoring of EU restrictive measures and asset freeze directives.
  • Checks against the UK HM Treasury financial sanctions register.
  • PEP (Politically Exposed Persons) database screening for heightened risk assessment.
  • Adverse media and reputational reviews to identify potential compliance concerns.

Confidentiality & Protection

Information Security

  • Client information is protected with AES-256 encryption during storage and transmission.
  • Confidentiality agreements are established before any exchange of sensitive documents.
  • NCNDA protections are implemented to safeguard business relationships and prevent circumvention.
  • Documents are shared exclusively through secure communication channels.
  • Comprehensive data retention and secure disposal procedures are maintained.
  • Information involving European counterparties is managed in accordance with GDPR requirements.

Fraud Warning

Be aware of petroleum trade scams

The petroleum trading industry is frequently targeted by fraudulent actors. Kazshabyt 2023 LLP encourages all clients and partners to exercise due diligence and remain vigilant throughout every transaction. Below are common warning signs that may indicate a counterparty is not legitimate.

  • Requests for upfront fees before any service is rendered
  • Unrealistic pricing far below market rates
  • Pressure to rush the process or bypass due diligence
  • Requests to deal outside normal banking channels
  • Unable to provide verifiable company registration documents
  • No verifiable physical address or office presence
  • Reluctance to sign NDA/NCNDA before sharing documents

Kazshabyt 2023 LLP Official Statement

Kazshabyt 2023 LLP never requests upfront fees or bypasses due diligence procedures.
All transactions follow established international petroleum trade standards.
If in doubt, verify any communication through our official channels.

Trade with Confidence

Our compliance framework ensures every transaction is secure,
transparent, and legally sound.

Start a Compliant Transaction