Risk Management & Compliance
International standards –
Absolute safety –
Complete transparency
At Tan Sen, risk management is not a passive defense mechanism, but a core competency that makes a difference in commodity trading and trade finance.
We operate a risk management system that adheres to international standards equivalent to global financial corporations (Glencore, Trafigura, BP), ensuring that all partner transactions are monitored, controlled, and executed with absolute security.
Risk Management Philosophy
Risk is a management asset – Not a cost burden
RISK IDENTIFICATION
Legal – credit – logistics – market – geopolitics – reputation.PROACTIVE PREVENTION
KYC, sanctions screening, tight transaction records, hedging.MONITORING & REPORTING
IFRS, VaR, ESG, internal reporting according to Basel III standards.INCIDENT RESPONSE & CONTROL
Crisis playbook, periodic risk simulation.CONTINUOUS EVALUATION & IMPROVEMENT
Updated according to OFAC, EU, UN, AML/CFT and the latest international regulations.Identify and control key risk groups.
Legal and Compliance Risks
Violation of embargoes, AML/CFT, transactions with listed vessels.
Measures: PurpleTRAC, 3-layer KYC, real-time OFAC/EU/UN inspections.
Credit and Financial Risks
Insolvency, counterparty risk, Letter of Credit (LC) risk.
Measures: Guarantees, LCs, deposit requirements, internal credit rating.
Logistics and Operational Risks
Cargo delays, vessel disruptions, Incoterm disputes.
Solutions: Inspection, QC, reputable shipping lines, full voyage tracking system.
Market risk – price volatility
Measures: price analysis, hedging contracts, derivatives.
Geopolitical risks – sanctions
Measures: Real-time updates of OFAC – UN – EU lists, restricting high-risk areas.
Reputation and ethical risks
Solution: ESG screening, refusing to do business with partners who violate human rights standards.
The international legal framework that Tan Sen adheres to.
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OFAC/UN/EUSanctions – Sanctions Compliance
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AML/CFT– Anti-Money Laundering & Terrorist Financing
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EAR/ITAR– Export Controls
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FCPA / UKBA– Anti-Corruption
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IFRS– Financial Reporting Standards
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GRI / TCFD– ESG & Sustainability Reporting
Tan Sen's compliance tools & infrastructure
POLE STAR GLOBAL – UK (PURPLETRAC)
Compliance solution used by HSBC, BP, Maersk, Glencore. Directly integrated into Tan Sen’s system:
- Real-time monitoring of shipping routes
- Checking vessels, cargo, and partners according to OFAC/EU
- High-risk area alerts
- Automated compliance reporting
INTERNAL KYC & DUE DILIGENCE SYSTEM
- Multi-layer partner screening
- Internal credit assessment
- Tracking of cash flow & international payments
COMPLIANCE POLICY & TRAINING
- Quarterly/Regular training
- Updates on new regulations
- Set of SOPs for controlling each type of transaction
Benefits for customers
ESG & Social Responsibility
Tan Sen develops on the foundation of international ESG principles, sustainably integrating them into all commercial, financial, and investment activities. We are committed to transparency, compliance, and making positive contributions to the community.
OPTIMIZING RESOURCES & REDUCING ENVIRONMENTAL IMPACT
Applying GRI/TCFD standards, focusing on sustainable emissions management and logistics.
JOIN HANDS FOR THE COMMUNITY
Supporting disadvantaged areas, donating blood, assisting flood victims, and engaging in regular charitable activities.
TRANSPARENCY & INTERNATIONAL COMPLIANCE
KYC – AML/CFT – OFAC – Basel III; integrated multi-layered risk management and monitoring technology.
Community activities
Voluntary Blood Donation
Warm Tet Program
