Policies

Anti-illicit trade policy

How Red Ant ensures that the Company and any third parties have no involvement in illicit trade.

 

 

1. Policy statement

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Red Ant understands that illicit trade is illegal and harms the business. Our policy is to ensure that both the Company and any third parties will have no involvement in, or support for, illicit trade in our products and services. We will ensure that:

we do not knowingly engage in unlawful trade in our products and services

our business practices only support legitimate trade in our products and services

we collaborate with authorities in any investigation of illicit trade

2. Who is covered

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The policy applies to all employees (whether temporary, fixed-term or permanent), consultants, contractors, trainees, seconded staff, home workers, casual workers, agency staff, volunteers, interns, agents, sponsors, or any other person or persons associated with us (including third parties), or any of our subsidiaries or their employees, no matter where they are located (within or outside of the UK). It also applies to Officers, Trustees, Board, and/or Committee members at any level. 

In the context of this policy, third party refers to any individual or organisation our company meets and works with, including actual and potential clients, customers, suppliers, distributors, business contacts, agents, advisers and government and public bodies – this includes their advisors, representatives and officials, politicians and public parties. 

Any arrangements we make with a third party is subject to clear contractual terms, including specific provisions that require the third party to comply with minimum standards and procedures relating to anti-illicit trade. 

3. Definition of illicit trade

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Illicit trade is the production or distribution of a good or service that is considered illegal by a legislature.It includes trade that is strictly illegal in different jurisdictions, as wellas trade that is illegal in some jurisdictions but legal in others.

Illicit trade can occur either in black markets or in legitimate markets and includes but is not limited to smuggling, the illegal drug trade, counterfeiting, human trafficking, illicit trafficking of cultural property, and various environmental crimes.