05 / Corporate compliance
Business relationships built on integrity, traceability and risk management.
Our Compliance and Risk Management Department promotes controls proportionate to the scope, jurisdiction and nature of each relationship. This summary states general principles; applicable contractual and legal procedures are defined case by case.
Principles and expected conduct
We act lawfully, transparently and in good faith, support fair competition and reject bribery, corruption, fraud, money laundering, terrorist financing and proliferation financing.
- Tolerance
- We do not accept improper payments, concealed beneficial ownership, false documentation or transactions without a legitimate purpose.
- Responsibility
- Employees, contractors, partners and suppliers must act within authorised scope and disclose conflicts of interest.
Risk-based due diligence
Before and during a relationship, we may verify identity, legal existence, beneficial ownership, business activity, jurisdictions, sanctions, reputation, source of funds where relevant and consistency between the transaction and its stated purpose.
- Third parties
- The depth of review depends on the service, amount, country, product, regulation and identified red flags.
- Decision
- MIET may request further information, establish controls, suspend an assessment or decline a relationship when risk is not acceptable.
International and technical operations
For aviation, technology, logistics or foreign-trade projects, we review sanctions, export restrictions, end user and end use, document traceability, intellectual property, information security and data transfers where applicable.
- Scope
- A commercial review does not replace licences, authorisations, regulatory approvals or specialist legal analysis.
- Evidence
- We retain reasonable records of validations, decisions, owners and conditions of the relationship.
Concerns and escalation
Concerns about conduct, counterparties, payments, documentation, conflicts of interest, privacy or security should be raised promptly and in good faith. MIET will assess them discreetly and without retaliation for honest reports.
- Channel
- Use the contact form and select a corporate enquiry. Do not attach sensitive information until an appropriate channel has been agreed.
- Updates
- These principles may be updated as MIET operations, regulation or risk profile evolve.
A technical conversation starts with scope
