At Black Falcon Petroleum FZ-LLC, compliance is not a supporting function — it is a core operational pillar. Our governance, controls, and decision-making processes are designed to meet — and in many cases exceed — the standards applied by Tier-1 global energy companies and international financial institutions.  

We operate under a zero-tolerance policy toward regulatory breaches, financial crime, sanctions violations, corruption, or unethical conduct.  

Our compliance framework reflects the level of rigor expected from organizations such as BP, Shell, TotalEnergies, and leading international commodity trading houses. 

 Black Falcon Petroleum FZ-LLC is: 

• Registered and licensed in the Ras Al Khaimah Free Trade Zone (RAK FTZ) 

• Subject to UAE Federal Laws, RAK FTZ regulations, and applicable international standards  

• Fully compliant with Economic Substance Regulations (ESR), AML/CFT laws, and corporate governance requirements 

 All core income-generating activities, strategic decisions, and contract execution are conducted from within the United Arab Emirates, ensuring full regulatory substance and transparency. 

 • UAE Federal Decree-Law No. 20 of 2018 (AML/CFT) 

• UAE Cabinet Decision No. 10 of 2019 

• FATF Recommendations 

• Basel Committee guidance 

• International banking compliance regulations 

• Risk-Based Approach (RBA) applied to all clients, transactions, and jurisdictions 

• Enhanced Due Diligence (EDD) for higher-risk counterparties 

• Continuous transaction monitoring and escalation protocols 

• Mandatory AML training for all relevant personnel 

• No transaction is executed unless it passes full AML clearance.  

Every counterparty — without exception — is subject to a comprehensive Know Your Customer (KYC) or Know Your Business (KYB) review. 

• Corporate registration and ownership verification 

• Ultimate Beneficial Owner (UBO) identification 

• Source of funds and source of wealth analysis 

• Trade rationale and economic purpose validation 

• Sanctions screening (UN, OFAC, EU, UK HMT) 

• PEP and adverse media screening  

Clients failing to meet our standards are rejected regardless of commercial opportunity.   

Black Falcon Petroleum enforces a strict sanctions compliance regime.   

• Sanctioned countries, entities, or individuals 

• Restricted or embargoed commodities 

• Concealment of origin, transshipment circumvention, or document manipulation 

• Verified country of origin 

• Transparent shipping documentation 

• Full cargo traceability from source to destination 

Our operational risk management framework ensures:

• Clear segregation of duties 

• Contractual consistency between buy and sell agreements 

• Independent document verification 

• Strict payment and delivery controls 

• Full audit trail for every transaction  

This structure protects clients, banking partners, insurers, and regulators alike.  

We operate under a strict Code of Ethics aligned with:  

• UK Bribery Act 

• US Foreign Corrupt Practices Act (FCPA) 

• UAE Anti-Corruption Laws  

Facilitation payments, inducements, or improper advantages are strictly prohibited.  

All employees, agents, and intermediaries are bound by these principles. 

At Fast and Reliable Fuel Oil Services, we offer competitive pricing for all of our fuel products. We also offer budget plans and payment options to help you manage your fuel costs.

• Secure data handling protocols 

• Restricted access controls 

• Confidentiality undertakings 

• Compliance with UAE data protection standards  

Information is disclosed only where legally required or contractually authorized.  

• Periodically reviewed 

• Updated to reflect regulatory developments 

• Aligned with evolving international best practices.

• Regulators 

• Banking partners 

• Auditors 

• Legal advisors