This paper is presented by ArmorGroup...as a statement of its position on the regulation of Private Security Companies (“PSCs”) and Private Military Companies (“PMCs”) that are based in the United Kingdom and operate in areas of diminished law and order and civil strife around the world...Private Security Companies...have, or should have, a strong ethics code...Coalition demand for security services in Iraq post-conflict produced unprecedented growth in the private security market...UK-based companies have not been charged with a single incident relating to abuse of human rights...or any other “ethical error”...The public has a right to know what the industry does and the companies involved have an obligation to inform...ArmorGroup recommends[:]...c. Fully transparent operating practices...An Ethics Policy defining limit of exploitation on assignment...and confirming compliance with international laws on human rights and co-operation with law enforcement bodies of the United Kingdom, host nation and international investigators...