Ecorpp Management N.V. Risk Appetite Statement for ML/TF/PF updated 1st July 2023

At Ecorpp Management N.V., our commitment to maintaining the highest standards of integrity, transparency, compliance, and ethical conduct is paramount. Our risk appetite for Money Laundering (ML), Terrorist Financing (TF), and Proliferation Financing (PF) is unequivocally zero-tolerance. We understand the immense risks posed by these illicit activities to global security, financial stability, and responsible business practices.

Our Risk Appetite Principles:

1. Zero-Tolerance Approach: We firmly reject any involvement, whether direct or indirect, in ML, TF, and PF activities. Our zero-tolerance stance applies without exception to clients, partners, and associates.

2. Proactive Prevention: We proactively implement measures to prevent, detect, and deter ML, TF, and PF risks. Our AML/CFT program is built upon robust policies, state-of-the-art technology, and continuous employee education.

3. Enhanced Due Diligence: Our due diligence standards are meticulous and comprehensive. We exercise heightened scrutiny in high-risk scenarios, including interactions with politically exposed persons (PEPs) and clients from high-risk jurisdictions.

4. Partnership with Authorities: Collaboration with regulatory bodies, law enforcement, and other stakeholders is integral to our risk appetite. We actively share information, insights, and intelligence to contribute to the broader global effort against ML, TF, and PF.

5. Continuous Improvement: Our risk appetite includes an unyielding commitment to ongoing enhancement. We consistently assess and refine our AML/CFT program to address emerging risks, regulatory changes, and evolving best practices.

6. Transparency and Reporting: We adhere to rigorous reporting protocols for suspicious activities and transactions. Timely and accurate reporting ensures that potential threats are swiftly identified and addressed.

7. Global Compliance: Our risk appetite aligns seamlessly with global AML/CFT standards and regulations. We uphold our rigorous risk management principles consistently across all jurisdictions.

8. Client Collaboration: Collaboration with our clients is integral to our approach. This includes seeking necessary documentation, conducting due diligence, and promptly addressing any concerns.

9. Leadership Commitment: Our leadership's unwavering dedication to compliance and transparency sets a precedent for ethical conduct throughout our organization.

10. Cultural Integration: Our risk appetite is deeply ingrained in our corporate culture. All employees are committed to upholding our principles, fostering a culture of compliance, and championing transparency.