Compliance

homepagex

The TLC Group is strongly committed to upholding ethical standards in all its affairs and to promoting compliance with the anti-corruption laws where we conduct business, including but not limited to, the U.S. Foreign Corrupt Practices Act, the Swiss Criminal Code, the UK Bribery Act 2010, the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and the United Nations Convention Against Corruption.

In 2009, the TLC Group adopted and implemented a comprehensive anti-corruption policy and compliance program with the assistance of the Houston-based firm Blaine & Maney www.blainemaney.com. The TLC Group conducts live, interactive training sessions at all locations since then. The TLC Group expects all its employees and third-parties engaged to act on its behalf to participate in training and to comply with TLC’s Policy Against Bribery.

The TLC Group is since 2009 a member in good standing of TRACE International Inc. (TRACE) under certification number TC4092-1999.

TRACE is a non-profit membership association that performs anti-bribery due diligence reviews and compliance training for international commercial intermediaries worldwide. Since that date, the Trace certification has been renewed every year. Since 2017, Trace changed their procedure and does not provide a certificate anymore; confirmation of TLC’s certification is only available online as per the following link:
https://tpms.traceinternational.org/IntermediaryDirectory?Searching=true&IntermediaryName=TLC&CertificationGUID

Since 2007, well-known companies in the oil industry have reviewed, audited and approved the Group’s management and operational practices as compliant with their compliance standards.

The TLC Group believes in integrity, transparency and constant communication with its customers on this subject and will continue its efforts, in cooperation with its customers, to detect and prevent corruption in its worldwide operations.

Download TLC’s Anti-Bribery and Corruption Policy Summary below:
2017- TLC Anti-Bribery and Corruption Policy Summary