To ensure compliance within an extensive regulatory environment inherent to physical energy trading we maintain rigorous corporate protocols and a strict compliance program. This activity is overseen by the Compliance Department which provides advice and oversight for the Garrett employees.
The company administrator is a compliance specialist well recognized within Swiss-based banks and oil companies. She is a graduate of the compliance program organized jointly by OFAC and Boston University.
GARRETT is proactive in addressing evolving compliance standards. This includes taking steps to strengthen contract language with counterparties to enhance contractual prohibitions against trading with countries and entities under economic sanctions.