Compliance & Transparency

At Barents Leasing, we believe that trust is built through transparency, accountability, rigorous due diligence, and responsible execution. Every transaction we consider is approached with careful attention to the parties involved, the proposed structure, the underlying requirement, and the applicable compliance considerations.

Barents Leasing operates within the Bank of Scotland Structured Asset Finance and Lloyds Banking Group structure, providing the company with a strong institutional heritage and established financial-services environment. Barents Leasing Limited is a wholly owned subsidiary of Bank of Scotland Structured Asset Finance Limited, part of the wider Lloyds Banking Group structure.

The relevant banking entities within this structure, including Bank of Scotland plc, are authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA. Bank of Scotland's FCA registration is 169628.

Compliance at Every Stage

Our institutional environment reinforces our commitment to robust standards of governance, compliance, and transaction oversight. We recognise that financial instruments and structured transactions require more than promises, they require appropriate verification, documentation, due diligence, and accountability.

Accordingly, transactions may be subject to appropriate KYC and AML procedures, sanctions screening, counterparty verification, document review, transaction assessment, and other applicable compliance checks before progressing.

We seek to establish the relevant facts before proceeding and to ensure that proposed transactions are assessed against the appropriate requirements and contractual conditions.

Transparency Before Commitment

We believe clients should have clarity about the proposed transaction before making significant commitments. Our approach is therefore centred on understanding the requirement, assessing the proposed structure, establishing the relevant parties and documentation, and identifying the applicable requirements before proceeding.

Specific Bank Guarantees (BGs), Standby Letters of Credit (SBLCs), financing arrangements, monetisation structures, and other financial solutions remain subject to availability, due diligence, compliance requirements, contractual terms, and approval by the relevant parties.