Sanctions Policy

Introduction

Trison PLC is committed to full compliance with all applicable international economic sanctions regimes. This Sanctions Policy outlines our internal framework for ensuring that our operations do not support or facilitate transactions involving sanctioned individuals, entities, or jurisdictions.

Regulatory Framework

This policy reflects our obligations under:

• UK Sanctions and Anti-Money Laundering Act 2018
• Office of Financial Sanctions Implementation (OFSI) regulations
• European Union sanctions regulations
• U.S. Office of Foreign Assets Control (OFAC)
• United Nations Security Council resolutions

Scope of Application

This policy applies to:

• All clients, partners, and counterparties
• All employees, contractors, and agents
• All transactions and business activities conducted under Trison PLC

Sanctions Screening

Trison PLC maintains a sanctions screening program that includes:

• Screening new and existing clients against relevant sanctions lists (e.g., OFAC, UN, EU, UK)
• Ongoing monitoring of customer activity
• Use of third-party compliance tools for automated list checks

Prohibited Activity

Trison PLC strictly prohibits:

• Providing services to or on behalf of sanctioned persons or entities
• Facilitating financial transactions that violate sanctions
• Conducting business in embargoed countries without explicit legal authorization

If a potential match is found during the screening process, the account or transaction is immediately suspended pending further investigation.

Internal Controls & Training

Employees undergo regular compliance training, including modules on sanctions risk and due diligence procedures. Internal audits are performed to ensure adherence to policy.

Violations & Enforcement

Any employee or client found to be in breach of this policy may be subject to:

• Immediate termination of services or employment
• Reporting to relevant authorities
• Legal action where applicable

Updates

This policy is reviewed at least annually and updated to reflect any changes in applicable sanctions regimes or internal risk assessments.

Contact

Questions regarding this Sanctions Policy should be directed to:

Email: compliance@trison-plc.com