RISK AND COMPLIANCE
STARIN intends to adopt a conservative Distribution Policy, by distributing taxable income to investors after sufficient funds have been allocated to adequately deal with expenses, capital expenditure, reserves, taxation and debt amortisation. STARIN will determine the amount of income to be distributed based on the best interests of Investors.
STARIN has implemented a Compliance Policy to ensure compliance with its license conditions, the license is then independently audited annually.
Code of Conduct Policy
The Code of Conduct and Ethics Policy forms part of STARINS accountability framework and has been developed to provide direction on a range of ethical issues that employees may be confronted with in their day-to-day work. STARIN is committed to complying with all applicable laws and standards, and promoting fair and ethical behaviours.
Achieving a high level of quality throughout the project lifecycle is a core value of STARIN. The STARIN Quality Management Plan (QMP) provides framework for recording, managing and checking the quality aspect of a set work task. Through the implementation of the QMP STARIN is able to consistently satisfy its client’s needs by providing services within cost, time and of high professional quality.
Services affecting quality are documented via written manuals, procedures and specifications that contain appropriate standards for determining whether the services have been satisfactorily provided.
Conflict of Interest Policy
The ‘Code of Conduct’ defines conflict of interest as any circumstance, whether actual or perceived arising from conflict between the performance of duty and private or personal interests. Individual STARIN employees have a responsibility to ensure that private interest must not compromise their objectivity when carrying out their duties.
STARIN strives to provide a safe working environment for all individuals, visitors, employees and clients. STARIN aims to identify any potential risks and hazards and take appropriate actions to measure, eliminate, control or mitigate the risks. The WHS policy is compliant with the Work Health & Safety Act 2011 and WHS Regulation 2011. A managed system approach is considered an effective way to improve and manage WHS in its business operation.
Risk Management Policy
STARIN endeavours to maintain a risk management process involving the establishment, analysis, evaluation, treatment, communication and ongoing monitoring of risks. STARIN conducts its business in a responsible manner to maximise returns and income. This is done by developing and improving business initiatives and operations through research to ensure that beneficial outcomes are achieved.
STARIN recognises that risk management is an integral part of good management practice. The aim of which is to achieve an improved decision making process through an iterative sequence of steps. STARIN recognises that through a risk management process losses can be avoided, opportunities for improvements can be identified and the decision making process can be improved resulting in a higher value of investments.
Foreign Exchange Hedging Policy
STARIN will receive income and hold all of its assets in Australian Dollars. Therefore, the equity capital or income of the funds will not be hedged at this present time.
STARIN implements its ethical policy in the interest of its investors. While undertaking decisions on whether to buy, hold or sell investments we review the environmental, social and ethical considerations of the investment.
We acknowledge that environmental, social and governance (ESG) issues may affect the value and the long term performance of investments. Consequently, we indirectly take those factors into account when assessing the economic, financial and commercial factors relating to the investments, and accordingly our decision-making process in the selection, retention and realisation of investments.