Compliance is not an optional step in commodity trade coordination — it is a fundamental requirement that protects all parties, maintains the integrity of commercial processes, and ensures operations meet international standards. MoonGate applies multi-layered compliance procedures to every engagement.
Why Compliance Matters in Commodity Trade
Compliance in commodity trade protects multiple stakeholders: the coordinator and parties from legal and regulatory risk; the commercial process from fraud and misrepresentation; financial institutions from AML exposure; and the broader market from bad actors who exploit legitimate trade channels. Without proper compliance, even well-intentioned parties can find themselves in legally or commercially compromised positions.
MoonGate operates exclusively as a licensed administrative coordination agent. All compliance coordination is administrative in nature. Parties must obtain their own independent legal compliance review.
AML/CFT and Sanctions Screening
AML (Anti-Money Laundering) and CFT (Counter-Terrorism Financing) requirements apply to all parties in commodity trade coordination chains. Coordinators must conduct risk-based due diligence, identify beneficial owners, screen transactions for AML indicators, and maintain records. OFAC, UN Security Council, EU, and UK HMT sanctions lists are screened at onboarding and prior to each transaction. Any positive match results in immediate engagement termination.
LBMA, OECD, and KYC/KYB as Compliance Tools
The London Bullion Market Association (LBMA) publishes Responsible Gold Guidance defining standards for gold sourcing, chain-of-custody documentation, and due diligence. The OECD Due Diligence Guidance for Responsible Supply Chains establishes a five-step framework for responsible mineral sourcing. KYC/KYB processes are the primary compliance tools in administrative coordination — verifying the identity and legitimacy of all parties before any introduction, significantly reducing the risk of facilitating transactions with bad actors or sanctioned entities.
Learn more: KYC & KYB Requirements | Document Checklist | Submit an Inquiry