CP overview

Compliance
Program

Compliance Program is a compliance system and behavioral rule that an organization introduces on a voluntary basis to be in compliance with “Fair Trade Laws”. Important of all is establishment of a system and behavioral rules for prevention of following risks in violation of “Fair Trade Laws”, acting as a small fair committee within the corporate.

First factor

Clarification of willingness and policy of the top management for voluntary compliance

>First factor

Clarification of willingness and policy of the top management for voluntary compliance

Top management fair trade laws
Willingness and policies for voluntary compliance should
be communicated to all employees
by fair trade ceremony or documentation (incl. electronic forms)

Second factor

Designation of voluntary compliance manager responsible for operation of CP

Second factor

Designation of voluntary compliance manager responsible for operation of CP

Responsible manager should be designated by the management, and this should be informed to all employees.

Third factor

Creation and distribution of compliance program guidance

Third factor

Creation and distribution of compliance program guidance

Under the responsibilities of the manager, the guidance should be distributed to the employees with the higher possibility of violating the fair trade laws such as purchase or marketing department, but not limited to.

Fourth factor

Implementation of continuous and structured compliance training session

Fourth factor

Implementation of continuous and structured compliance training session

Under the responsibilities of the manager, training sessions for prevention of violation of the compliance guidance (incl. online video training) should be performed for at least 2 hours at 6 month intervals to those employees with higher likelihood of violation of the compliance law

Fifth factor

Monitoring
(internal monitoring system)

Fifth factor

Monitoring (internal monitoring system)

Compliance Program monitoring policy should be established. Results from monitoring and inspection of unfair trade acts and plan should be reported to the management at least once (or it should be approved).

Sixth factor

Limitation to the employees having violated the compliance laws

Sixth factor

Limitation to the employees having violated the compliance laws

Corporate policies should be established and applied to those employees having violated the compliance program.

Seventh factor

Document control system

Seventh factor

Document control system

Compliance should be appropriately documented and kept.