Statement from the Director of LSTM
LSTM is committed to ensuring that all business carried out by and across the LSTM Group, is conducted with integrity, transparency and fairness, and in compliance with all relevant rules, regulations and legislation.
LSTM has a zero tolerance approach to the facilitation of tax evasion and will not work with other organisations that do not share LSTM’s commitment to preventing the facilitation of tax evasion.
LSTM expects all staff to demonstrate honesty and integrity at all times, and to exercise high standards of professionalism and ethical conduct in all their UK and overseas activities. LSTM also expects its partners, advisors, agents, clients, suppliers and all other stakeholders and their employees to adopt the same standards.
Due Diligence process for avoiding facilitation of tax evasion under the CFA 2017
LSTM maintains a risk register in relation to all activities across the organisation including the risk of facilitation of tax evasion by its staff and associates, as well as detailing controls to mitigate those risks, and any actions required to improve those controls. The register is regularly reviewed and updated as and when required in relation to the nature of specific risks identified and any action taken.