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| Business Principles |
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Integrity and confidentiality
As an organisation to whom clients entrust vital business tasks, we are keenly aware of the
importance of integrity. Only by demonstrating our integrity can we hope to retain the trust
that has formed the mainstay of our business for the better part of 20 years. Confidentiality
is an essential part of that trust. Clients can expect from us the utmost discretion in their
dealings with us. Our business processes are designed with additional protection to safeguard
client data. Integrity also means full compliance with the regulatory authorities, a task that
we take very seriously indeed.
Quality
At New Millennium Trust we pride ourselves on delivering quality services. That means
being reliable, accurate and efficient in the way we work. All our services must be
performed correctly and in strict compliance with local legislation, regulations and
applicable accounting standards. To assure quality, we follow a strict internal
procedure based on the four eyes principle: each client is assigned two contact people
at New Millennium Trust. These professionals work in pairs, checking each other’s work at each step of the way.
It is also a good a backup system that ensures continuity of knowledge. It means that at New Millennium Trust there will
always be someone who is up to speed with all clients’ affairs, 24 hours a day, 7
days a week.
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In addition, we’ve designed and invested in highly efficient information systems that
help us track and process our own work world wide, as well as those of our clients,
providing for reliable continuity. All these systems, processes, checks and balances
help ensure that we reach our ultimate goal of delivering the best quality possible.
Communication
Good customer service is an important goal that we at New Millennium Trust strive towards,
and we believe that communication is the most important way to achieve that. It is our
strategy to work closely with our clients and our clients’ advisors, and to communicate
with them regularly in a personal and professional manner. We engage all means of
communication to keep our clients and related parties informed of the state of affairs,
to get their input and advice, and, where appropriate, to give our own opinion and advice.
We encourage regular face-to-face meetings where possible, but recognise that the
international nature of our business makes faxing, express mail, email and online
services indispensable. We therefore make it our business to ensure that our communications
infrastructure is modern and works optimally. While we strongly recommend frequent
contact with clients, we leave it up to the clients themselves to determine just how
much information, how frequently, is right for them.
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Integrity
NMT is supervised by the Dutch Central Bank and abides by the principle and
practice of "Know Your Customer". We are thus obliged to follow a strict client
acceptance procedure aimed at establishing the identity and legitimacy of a client
and the origins of any funds involved. In an attempt to minimise the bureaucratic
burden on clients, however, we have developed a simple and effective intake process
that need only be performed once.
For our full integrity statement, please click here. |
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