Magellan Capital is committed to the highest standards of corporate governance and ethical standards. We believe that good ethics and good business go hand in hand.
We do not work with any clients engaged in the defence industry or those whose core activity contributes to global climate change. Instead we focus on activities where we can have a positive and sustainable impact- socially, environmentally and economically.
Magellan has a comprehensive range of policies and systems in place to ensure that we are well-managed, with effective oversight and control.
Our policies on anti-money laundering, sanctions, and anti-bribery and corruption aim to ensure that risks are appropriately mitigated.
We use a consistent risk management framework at all levels of the organisation and across all risk types. It sets out governance and structures, responsibilities and processes in monitoring, managing and mitigating the risks we accept and incur in our activities. The framework is underpinned by our conservative risk culture and is reinforced by our values and ethics.
Magellan Capital is an appointed representative of City Capital Corporation, which are authorised and regulated by the Financial Conduct Authority. FCA firm reference number 736126.
Anti Money Laundering
Magellan’s Anti-Money Laundering policy is designed to ensure that we comply with the requirements and obligations as set out in UK and EU legislation, regulations, rules and industry guidance.
Anti Bribery and Corruption
Corruption undermines the rule of law, democratic processes and basic human freedoms, impoverishing states and distorting free trade.
Magellan Capital is committed to the highest standards of ethical behaviour and has zero tolerance towards bribery and corruption. We require that all our work is in compliance the UK Bribery Act.
Sanctions
Magellan Capital is committed to complying with the sanctions laws and regulations of the United Nations, European Union and the United Kingdom.
We screen all clients and transactions against the sanctions lists issued by the United Nations (UN), the European Union (EU) and the United Kingdom (HMT).
Magellan Capital will not undertake any business activity that it believes may violate applicable sanctions laws.