Compliance bonds are used to ensure that contractors and business owners comply with governmental rules and regulations.
Compliance and other commercial bonds are a legal or regulation-based requirement imposed on specific trade sectors or business operations. They are often linked to domestic, local or international regulations.
In some countries compliance bonds are used by state regulators to control waste management activities. For example, in countries where waste management is highly regulated by the state, public bodies may require businesses to obtain a compliance waste bond.
Environmental bonds are also used by public bodies to enforce regulatory compliance. In addition to helping you meet environmental obligations, your partnership with us can help you build reliability and trust amongst your customers and partners, while making a significant impact in the fight against climate change.
Further examples of compliance and other commercial bonds include:
• Travel agent/transport bonds
• Authorisation bonds
• Environmental bonds
• Waste management bonds