A Altus Procure Open Mandate
Index / Standards

Our standards, in plain language.

Privacy notice, terms of engagement, sanctions and anti-bribery policy, and the compliance framework under which Altus Procure operates. Last revised 14 February 2026.

Document A · Privacy Notice · Issued 14.II.MMXXVI

I — Privacy Notice

Altus Procure AG ("Altus", "we", "our") is registered in Zürich, Switzerland (CHE-114.823.901). This Privacy Notice explains how we collect, use, retain and disclose personal data in the course of operating altusprocure.com and providing services to our clients and counterparties.

1. Data we collect

We may collect the following categories of personal data:

  • Identification data — name, title, employer, professional address, professional email, professional telephone number.
  • Contractual data — information necessary to perform a mandate, including procurement requirements, scope and counterparty references.
  • Compliance data — sanctions screening, beneficial ownership, source-of-funds and end-user information where mandated.
  • Technical data — IP address, browser type, anonymised page-view statistics. We do not deploy advertising cookies.

2. Purposes of processing

  • To respond to enquiries submitted via our contact form;
  • To perform anti-money-laundering, sanctions and counter-terrorism-financing screening;
  • To negotiate, execute and administer procurement mandates;
  • To meet our regulatory, tax and reporting obligations under Swiss and applicable foreign law;
  • To defend, establish or exercise legal claims.

3. Legal bases (where the GDPR applies)

We rely on the following legal bases: (a) performance of a contract or pre-contractual measures; (b) compliance with a legal obligation; (c) our legitimate interests in the secure operation of our business; and (d) consent, where specifically obtained.

4. Disclosure

Personal data may be shared with: our group offices (Switzerland, Singapore, United Arab Emirates); regulated screening providers; legal counsel; and competent authorities where compelled by enforceable legal process. We do not sell personal data, ever, under any circumstances.

5. International transfers

Where personal data is transferred outside Switzerland or the European Economic Area, we rely on adequacy decisions, the EU Standard Contractual Clauses, or equivalent safeguards.

6. Retention

We retain mandate records for ten (10) years following completion, in line with Swiss banking and commercial record-keeping standards. Compliance records are retained for the period required by applicable law.

7. Your rights

You have the right to access, rectify, restrict, port and (in defined circumstances) erase your personal data. You may lodge a complaint with the Swiss Federal Data Protection and Information Commissioner or your local supervisory authority. To exercise any right, write to [email protected].


Document B · Terms of Engagement · Issued 14.II.MMXXVI

II — Terms of Engagement

These Terms govern any procurement mandate placed with Altus Procure AG. They are supplemented by a written Mandate Letter signed by both parties; in the event of conflict, the Mandate Letter prevails.

1. Acceptance of mandates

Altus reserves the right to decline any prospective mandate without obligation to state grounds. Acceptance is communicated in writing only.

2. Counterparty diligence

Every counterparty proposed under an Altus mandate is screened against OFAC, EU, UN, UK and Swiss SECO consolidated lists. We may decline to onboard counterparties at our sole discretion.

3. Fees and reimbursables

Fees are agreed on a mandate-by-mandate basis: success-based, hourly, retainer or hybrid. Out-of-pocket expenses are reimbursable at cost and itemised quarterly.

4. Confidentiality

Both parties undertake to hold the existence, scope and outcome of any mandate in strict confidence, surviving termination indefinitely, except where disclosure is compelled by law or required to defend a legal claim.

5. Title, risk and delivery

Title and risk in any goods procured pass in accordance with the Incoterms designated in the mandate (typically DAP, DDP or FCA). Altus does not take title to goods unless explicitly contracted to do so.

6. Limitation of liability

Save in respect of death, personal injury, fraud or wilful misconduct, our aggregate liability under any mandate shall not exceed the fees paid in respect of that mandate over the twelve months preceding the event giving rise to liability.

7. Governing law and jurisdiction

These Terms and every Mandate Letter are governed by the substantive laws of Switzerland. The courts of the Canton of Zürich shall have exclusive jurisdiction, save that we may bring proceedings to enforce payment in any competent forum.


Document C · Compliance Standards · Issued 14.II.MMXXVI

III — Compliance Standards

1. Anti-bribery and corruption

Altus Procure operates a zero-tolerance policy with respect to bribery and corruption. We comply with the Swiss Criminal Code (Art. 322), the UK Bribery Act 2010, the U.S. Foreign Corrupt Practices Act, and equivalent legislation in each jurisdiction where we operate. Facilitation payments are prohibited absolutely.

2. Sanctions and trade controls

We will not act for, or against, any party listed on the OFAC SDN list, the EU consolidated sanctions list, the UN consolidated list, the UK OFSI list, or the Swiss SECO list. Export-controlled goods are handled only under valid licences in the country of origin, transit and destination.

3. Modern slavery and labour standards

We require every counterparty to warrant compliance with the eight ILO core conventions. We exercise the right to audit, and have exercised that right in 17 mandates since 2022.

4. Environmental standards

Procurement is conducted in alignment with ISO 20400 Sustainable Procurement guidance. Where mandate scope permits, we report scope-3 emissions of the procured goods.

5. Whistle-blowing

Any person — employee, counterparty or third party — may report a suspected breach in confidence to [email protected] or via our independent ombudsperson (details on request). Retaliation against good-faith reports is forbidden.


Document D · Cookie & Tracking Notice

IV — Cookies

This site uses one strictly-necessary session cookie to remember your accessibility preferences for the duration of a visit. We do not deploy analytics, advertising or third-party tracking technologies on this domain. We rely instead on referrals and the spoken word, as we have for thirty-one years.

For any question on these documents, write to [email protected].