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Fair Trade(C.P.)

We are further increasing our corporate value by operating a compliance program to establish a culture of fair transactions.

COMPLIANCE PROGRAM

Fair Trade Compliance Program (CP) means an internal compliance system to allow employees not to violate Fair Trade Act unintentionally, presenting a clear code of conduct for the observance of Fair Trade Act while it is established and operated internally.

Key 8 Factors in Compliance Program

  • 01.Prepare and execute standard and procedure for CP
  • 02.Announce the will and support of CEO for CP
  • 03.Appoint manager responsible for compliance
  • 04.Create and use compliance manual
  • 05.Execute compliance training on employees
    (more than 2 hours/half a year)
  • 06.Establish internal monitoring system including monitoring and inspection of compliance
  • 07.Impose restriction on employees who violated Fair Trade Act
  • 08.Evaluate its effectiveness and prepare improvement measure

Operation Stage of Compliance Program

STEP 01

Establishment of execution system

  • CEO announced compliance policy.
  • Appoint a manager responsible for compliance.
  • Establish an internal control system.
STEP 02

Facilitation of compliance

  • Compose compliance manual.
  • Conduct compliance training.
  • Operate internal monitoring system (monitoring/restriction)
STEP 03

Three step: Effective operation of CP

  • Manage document systematically.
  • Evaluate the outcome of operating CP
  • Improve internal procedure and system.

Current Operation Status

2 Tabs

Expression of will for compliance by management
Hold a ceremony of introducing fair trade CP (with the presence of employees and partner companies)
Host a regular meeting on a conference to strengthen will to practice CP
Designation and appointment of compliance manager
Role of compliance manager
  • Intensively manage a CP as a key pillar of the entire CP
  • Enhance fair competition awareness on all employees
  • Deliver major issues related to fair competition to CEO as an official communication channel with FTC