It is the policy and practice of MTM&O to maintain high standards of ethical conduct, to comply with all applicable laws, and to do business only with persons who themselves abide by law and ethical principles. MTM&O is committed to comply with all applicable DMCC regulatory requirements as well as all other applicable UAE laws and regulations relating to anti-money laundering, counter-terrorism financing, and sanctions compliance.
MTM&O will comply with the Ministry of Economy rules and OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, and it will not preserve any efforts or resources needed to achieve this.
- We commit to zero tolerance, and no profit, contribution, or any assistance to
i. Any forms of torture, cruelty, inhuman or degrading treatment, and slavery
ii. Child Labor, Human Rights or Sexual Violence
iii. War Crimes, Violations of international humanitarian law. - We will not source, procure minerals, make payments, or take logistical or equipment assistance from any illegal non-state armed groups directly or indirectly.
- We will immediately suspend or discontinue the agreement if upstream suppliers are identified to be sourcing from or linked to public or private security forces that illegally control mine sites or control transportation routes, where minerals are traded or illegally tax or extort money or minerals at access points of mine sites, along transportation routes or where minerals are traded illegally tax or extort intermediaries, export companies or international traders.
- We will not offer, promise, give or demand any bribes, and will resist the solicitation of bribes to conceal or disguise the origin of minerals, to misrepresent taxes, fees and royalties paid to governments for the purposes of mineral extraction, trade, handling, transport and export.
- We will support efforts, or take steps, to contribute to the effective elimination of money laundering where we identify a reasonable risk of money-laundering resulting from, or connected to, the extraction, trade, handling, transport or export of minerals derived from the illegal taxation or extortion of minerals at points of access to mine sites, along transportation routes or at points where minerals are traded by upstream suppliers.
MTM&O will not tolerate any involvement in Illegal activities by its staff, customers or suppliers.
For any grievances related to UAE Laws and Regulations relating to anti money laundering and MTM&O Supply Chain Policy contact compliance@mtm-o.com