About this Statement

The statement is made and published in respect of Zenith Quatum TradeCorp Financial Services Pty Ltd an Australian registered company (ACN 127 606 348) and Australian Financial Services Licence (AFSL number 318232).

Overview

Zenith Quatum Trade is a leading global provider of margin foreign exchange and contracts for difference (“CFD”s). We offer fully regulated retail and institutional trading. Founded in Sydney in 2007 and trusted for over ten years, our business has evolved into a world-class, multifaceted brokerage. With heavy investment in the latest trading technology, Zenith Quatum Trade seeks to offer the most comprehensive end-to-end trading experience available, servicing traders of all levels from beginners to institutional level clients. The Zenith Quatum Trade group operates in Australia under regulations governed by ASIC¹.

Zenith Quatum Trade supports the Modern Slavery Act 2018 (Australia), whose provisions assist in the eradication of modern slavery, wherever it may occur, and raise public awareness of the issue.

Our Approach

Zenith Quatum Trade has a responsibility to respect human rights in their operations and supply chains, as outlined in the “United Nations Guiding Principles on Business and Human Rights²”, and this includes appropriate measures to assess and address modern slavery risks. Entities that take action to combat modern slavery in their operations and supply chains can protect against possible business harm and improve the integrity and quality of their supply chains.

At Zenith Quatum Trade our vision is to:

make a positive impact on people’s lives everywhere we go

We support and respect the protection of internationally proclaimed human rights and endeavour to make sure that Zenith Quatum Trade is not complicit in human rights abuses. Zenith Quatum Trade acknowledges the importance of respecting human rights and combating modern slavery that it may be exposed to through its operations or supply chains. We are committed to achieving the highest standards of ethical behaviour in the conduct of our business and activities worldwide.

Zenith Quatum Trade does not tolerate slavery, human trafficking, abusive or unfair treatment in any part of our business, or in any of our supply chains. Through our policies and procedures for procuring services and resources, Zenith Quatum Trade is committed to acting ethically and with integrity in all our business dealings and relationships and to implementing and enforcing effective systems and controls to ensure that slavery and human trafficking is not taking place anywhere in our business or in any of our supply chains.

Our operations and supply chain

Zenith Quatum Trade operates in the financial services sector, which in general, is assessed as low risk in respect to modern slavery. Zenith Quatum Trade primarily operates in countries which are assessed by the Global Slavery Index³ as having a lower prevalence of modern slavery with the governments of these countries actively responding to the issues that modern slavery poses.

Zenith Quatum Trade’s supply chain primarily provides professional and technical services and is considered low risk in respect of modern slavery. Zenith Quatum Trade’s suppliers provide services in respect of:

• Liquidity – arranging for clients of Zenith Quatum Trade to purchase and sell financial instruments;
• Insurers – providing insurance covering Zenith Quatum Trade’s business;
• Payments – banking and processing of payment services;
• Professional Services – provision of audit, legal and professional services;
• Service Providers – providing Zenith Quatum Trade with a range of services from leasing of offices, marketing material, through to recruitment services; and
• Technology – information technology hardware and software related services

Zenith Quatum Trade expects the same high standards from all its contractors, suppliers and other business partners. When considering potential suppliers, Zenith Quatum Trade requests suppliers to demonstrate the measures they have in place for combatting modern slavery. Zenith Quatum Trade will then make an assessment and determine if the providers policies, procedures, and processes meet Zenith Quatum Trade’s requirements and standards.

Policies and Procedures

Zenith Quatum Trade is committed to acting ethically and with integrity in its business dealings and relationships and to ensure effective measures operate to assist in the eradication modern slavery and reducing the potential risk of this occurring in Zenith Quatum Trade’s business and supply chain.

The measures Zenith Quatum Trade has in place to mitigate the potential risk of modern slavery include Zenith Quatum Trade’s policies and procedures, in particular the:

• Code of Conduct defines what we expect of our people and the way they conduct themselves during their time with Zenith Quatum Trade;
• Anti-Bribery and Corruption Policy defining Zenith Quatum Trade’s commitment to the deterrence of bribery and corruption;
• Anti-Modern Slavery Policy defines Zenith Quatum Trade’s commitment and measures in place to assist in combatting modern slavery;
• Anti-Money Laundering and Counter Financing of Terrorism Policy defining Zenith Quatum Trade’s commitment to the deterrence of money-laundering and financing of terrorism;
• Supplier Onboarding and Monitoring Policy and Procedures requires consideration whether it is appropriate to enter into and continue relationships with our suppliers; and
• Whistleblower Policy allowing Zenith Quatum Trade staff to raise any concerns they may have about any individuals or organisations which Zenith Quatum Trade interacts with.

Supplier Due Diligence

Recognising that the greatest risk of modern slavery is in our supply chain, Zenith Quatum Trade will continue to take appropriate measures to ensure that these risks are both managed and reviewed.

• Zenith Quatum Trade reviews its assessments of its suppliers and given the nature of Zenith Quatum Trade’s business and the suppliers Zenith Quatum Trade has relationships with, in respect of modern slavery Zenith Quatum Trade is satisfied with these suppliers meet the requirements and expectations
• Zenith Quatum Trade’s contractual terms with its suppliers include undertakings that suppliers comply with all applicable laws, regulations, and codes of conduct
• Zenith Quatum Trade’s onboarding of new suppliers requires appropriate due diligence is conducted including the potential for modern slavery. Any supplier whose reputation or practices may raise concerns for Zenith Quatum Trade, are explored further to ascertain if it is appropriate to onboard such a supplier
• Zenith Quatum Trade’s existing relationships with suppliers are reviewed periodically and consider continuance of relationship
• Zenith Quatum Trade’s periodic review of its enterprise risk profile includes the assessment of risk relating to modern slavery

Staff Training

Zenith Quatum Trade’s staff training programme includes training relating to modern slavery which is completed by Zenith Quatum Trade staff globally. As part of Zenith Quatum Trade’s periodic review of training content, Zenith Quatum Trade will consider if further enhancements may be beneficial.

Recruitment and welfare of our people

Zenith Quatum Trade employs nearly 300 staff members in a number of locations across the globe and values the people that choose to work for Zenith Quatum Trade. Zenith Quatum Trade uses recruitment firms who meet relevant employment local laws and regulations. Zenith Quatum Trade periodically reviews its human resources policies and procedures to ensure these continue to be relevant in respect of respective employment law.

Approval

This statement was prepared by members of Zenith Quatum Trade’s risk management division and approved by Zenith Quatum Trade’s Risk, Audit and Compliance Committee.

¹ ASIC Home | ASIC - Australian Securities and Investments Commission

² OHCHR | OHCHR and business and human rights

³ The Global Slavery Index provides a country by country ranking of the number of people in modern slavery, as well as an analysis of the actions governments are taking to respond, and the factors that make people vulnerable.