본문 바로가기

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
Preparation and distribution of compliance manual
Prepare and distribute compliance manual based on commentaries on related laws and real cases.
Operation of training program
Operate training program for each job/position; conduct training at least 4 hours/year
Systematization of operating compliance monitoring system
Impose restrictions according to the seriousness of each case after conducting investigation and monitoring on major compliance items
  • Minor case : Take warning measure by Compliance Sanctions Committee
  • Major case : Take action by Personnel Disciplinary Committee