Maknoon Shooting understands that working in the defense sector requires more than good intentions; it requires a robust and effective compliance program. We are committed to ensuring that our work is conducted in full compliance with all applicable laws, regulations, and ethical standards.
Our compliance program is designed to be both proactive and preventative and is based on the following:
Compliance with International and Local Laws
We strictly adhere to all laws and regulations in the countries where we operate, including (but not limited to):
- Trade and Export Controls: Full compliance with all international and local export and import regulations relating to defense materials and technologies.
- Anti-Corruption and Bribery: We maintain a zero-tolerance policy towards any form of bribery or corruption, in compliance with relevant international and local laws.
- Anti-Money Laundering: We implement rigorous Know Your Customer (KYC) procedures and fully cooperate with financial regulations to prevent any illegal practices.
Ongoing Training and Awareness
Compliance is a collective responsibility. Therefore, we provide regular training programs for all our employees and key partners to ensure they fully understand our legal and ethical obligations and are equipped with the knowledge necessary to make sound decisions.
Internal Monitoring and Auditing
We don’t rely on passive compliance. Instead, we conduct regular internal monitoring and auditing to assess the effectiveness of our compliance program, identify any potential risks, and take immediate corrective action when necessary.
Secure Reporting Channels
We promote transparency and accountability. We provide clear and secure reporting channels (a dedicated hotline or email) to enable employees and partners to report any concerns or potential violations of our Code of Conduct or compliance policies, with a guarantee of absolute confidentiality and no risk of retaliation.