We comply with legal obligations and standards without exception, but we also always apply a standard of reasonableness. We ensure our clients that we comply with all regulations in such a way that we do not endanger our, nor our client’s activities in any way. We always make sure that we provide our clients with a reasonable degree of protection in order to protect their interests.
For that matter we always keep track of the latest obligations and trends in compliance and regulation to secure both - our own and our clients protection.
Non-disclosure and Confidentiality
Security of the entrusted information of our clients is crucial to us. We treat confidentially all sensitive information we obtain from our clients during the course of our dealings. We do not disclose any confidential information unless we obtain a permission from our client to do so. In certain cases defined by law, however, there are exceptions to the obligation to maintain confidentiality. Such an exception, for example, is a situation where we are obliged to prevent a client from committing a criminal offense.
Money Laundering / Legalization of Income from Crime
We specialize in the field of legislation on prevention of money laundering and terrorist financing and therefore we are well aware of our responsibilities. In certain very limited cases defined by law we have the responsibility to verify the identity of our clients, their corporate structure, end-users of benefits, and other required information for the purpose of preventing money laundering and terrorist financing. If circumstances and national legislation requires, we may be obliged to report suspicious transactions to the appropriate local authorities. At the same time, however we strive observe the confidentiality of the information provided by our clients as much as legally possible. The confidentiality of our clients' information is our primary goal.
In order to comply with our obligations to prevent money laundering and terrorist financing, we have developed our own standards and projects (programs) that we have been incorporated into our internal client contracting processes.
Corruption, bribery, and other similar acts are considered criminal in all democratic and rule of law abiding states. At Steiniger, we care about honest behavior when providing our legal services, at every stage and in every action we take. This attitude is integral to every member of our team. Without exception we condemn any behavior contrary to our policies and rules. In the same way, we approach our clients and we reserve the right to immediately resign from our attorney mandate if we are to be subjected to criminal charges as a result of our legal services being provided to a client who violates criminal law provisions.
Data protection and IT security
When it comes to protecting data, managing IT security and communication with our clients, we use state-of-the-art technology to make sure that we meet the highest present day standards. To this end, we are constantly training in IT security and have an advanced IT support team at or disposal. We have a strict policy on upgrading our hardware and software, and we always make sure that the same standards are applied by all our employees and partners.
If you are or would like to become our client, we are happy to discuss our compliance standards in a greater detail with you.