Trade compliance

Sanctions, export controls and responsible trade

Aviation parts can be subject to sanctions, export-control, end-use and destination restrictions. Transactions may be reviewed before quotation, sale, shipment or payment.

Sanctions

Restricted-party and sanctions screening

Nords Aviation may screen customers, suppliers, intermediaries, beneficial owners, end users, vessels, aircraft, destinations and other transaction parties against sanctions or restricted-party measures that are applicable to the transaction.

Screening may take into account measures administered by authorities such as the United Nations, the United States, the European Union, the United Kingdom and other relevant national authorities where applicable.

A potential screening match may require additional information and review. A transaction may be paused or declined when a prohibited party, destination, ownership interest or other sanctions concern is identified.

Export controls

Aircraft parts, avionics, technical data, software and related items can be subject to export, re-export, transfer or licensing restrictions. Nords Aviation may request information necessary to determine whether a proposed supply route or end use and supply route can proceed lawfully.

Where applicable, required permits, licences, authorisations or supporting documents must be obtained before a controlled transaction can proceed.

End user, end use and destination

Counterparties may be asked to identify the ultimate consignee, end user, aircraft operator, intended use and final destination. Additional assurances or an end-user statement may be requested for certain transactions.

  • No transaction should be structured to conceal the true end user, destination or ownership of goods.
  • Re-export, diversion or onward transfer must comply with applicable restrictions.
  • Requests involving sensitive military, dual-use, embargoed or otherwise restricted applications may require enhanced review or may not be accepted.

Anti-bribery and improper payments

Nords Aviation does not support bribes, kickbacks or improper payments intended to obtain an unfair business advantage. Unusual commissions, undisclosed intermediaries, requests for payment to unrelated parties or other red flags may be subject to additional review.