ไทยCompliance Policy
Policies to supervise operations in accordance with the law. Rules and Regulations of IT City Public Company Limited
To ensure that the operations of IT City Public Company Limited (the “Company”) comply with the relevant regulations. All employees operate with integrity, integrity, morality, and conduct themselves in accordance with the Company’s corporate governance and business ethics policies to help prevent potential risks that may have an impact on the Company, its executives, employees, and the confidence of all stakeholders. Therefore, the Company has established this Compliance Policy.
Definition
Rules and regulations refer to what the Company must comply with or what the Company adheres to as the principle of its operations, which consists of laws, rules, regulations, and the Company’s regulations. Compliance with contracts, business ethics, policies, operating standards, good practices, and important commitments.
Compliance means: Compliance with laws, rules, regulations, and company regulations Compliance with contracts, business ethics, policies, operating standards, good practices, and important commitments related to business operations.
Operational supervision means: The process used to prevent non-compliance with relevant regulations, including reducing the potential impact of non-compliance with the rules, through various processes that help promote, support, control, monitor, and report on operations to comply with the rules, such as the collection of relevant rules. Assessment and implementation in accordance with regulations, monitoring, auditing, and correction. Risk management, training, communication, awareness-raising, resource allocation, etc.
Executive means an employee who is responsible for formulating the Department’s policies and/or supervising the implementation of the Department’s policies, as well as providing support, allocation and review of the Department’s resources.
Performance Governance Policy
- All executives and employees must adhere to the rules, which cover laws, rules, regulations, and the Company’s regulations. Compliance with contracts, business ethics, policies, operating standards, good practices, and important commitments.
- Compliance with regulations, especially compliance with laws, is essential for all executives and employees to respect and comply with them. Therefore, illegal transactions are unacceptable.
- Compliance with the rules is a part of the operation that all executives and employees must perform in a concrete way. By communicating, promoting and supporting knowledge, understanding, Guidelines have been set and supervised to ensure that they are properly implemented, as well as to create awareness and inherit a culture of honesty, integrity and compliance with the Company’s rules.
- The Company focuses on establishing a system to supervise the implementation of important laws and commitments by providing processes for overseeing operations, including continuously improving the system. Align with the business environment and any changes that may occur.
- Employees who report or provide information about acts that are or may violate significant laws and covenants are protected under the Company’s Fraud and Misconduct Complaints Policy.
Practice for Operational Governance
Strengthening and supporting the operational governance system will ensure the Company’s business operations. The operation is carried out in accordance with the relevant regulations. There are complete and working standards that will help prevent non-compliance with regulations effectively. In addition, the performance of daily operations has been improved appropriately. The following actions should be taken:
- Standardization of work
- Relevant parties collect relevant rules according to the scope of operation.
- Provide work standards that are used as a guideline for work operations that are in line with the rules that must be followed.
- Supervision and Improvement of Daily Operations
- Control the operation in accordance with the specified work standards.
- Monitoring and auditing work to ensure that the relevant rules and regulations are implemented correctly and completely.
- Report compliance to decision-makers and stakeholders. To manage, control and supervise compliance with regulations efficiently and effectively.
- Corrective action When it is found that there is a matter that is not in accordance with the rules, in order to correct the inconsistency. Reduce the potential consequences and prevent the incident from happening again in the future.
- Compliance risk management with important risks must be managed appropriately and in a timely manner.
- Regularly review compliance operations. To ensure that compliance operations achieve their intended objectives.
- Support for compliance with various regulations by
- Allocate the necessary resources adequately to ensure compliance with the rules to achieve the desired objectives.
- Develop the knowledge and abilities of employees so that they have the ability to always comply with the rules correctly.
- Raise awareness and a corporate culture that adheres to compliance. This can be done in many ways, such as job teaching. Sharing experiences from experts, organizing campaign activities on important issues, communication, public relations, Creating good values and role models Incentives with rewards or rewards, and the determination of appropriate punishments, etc.
- Arrange to control documents and information related to compliance operations to ensure that the documents and information required for operations are suitable for use. It is accurate, complete, safe from loss, damage, and modification, and can maintain confidentiality. It controls the spread and is easy to find and store.
Roles and Responsibilities
- Executives are responsible for implementing policies in a concrete and continuous manner. Executives must understand the operational supervision policy. Guidelines and the rules related to their operations. Arrange communication Create a good conscience, promote compliance with rules, and encourage employees who are in charge to appreciate the value and importance of compliance with rules. Establish guidelines and supervise to ensure that employees under their responsibilities always comply with the rules and regulations correctly, as well as be a good role model to inherit the culture of compliance with the Company’s rules.
- Employees must understand their roles, duties, and responsibilities. In compliance with the operational supervision policy and related rules. Employees must develop themselves to be knowledgeable. Ability and understanding of the duties that they perform like a person who knows the truth. Attentive and attentive to the assigned duties. Be meticulous in operation.
In case of any doubt about compliance with the rules, ask the supervisor or the regulatory agency for compliance with the rules. Legal agencies or specialized agencies.
In the event that any act is found to be illegal in accordance with the rules or avoids compliance with the rules, all employees are obliged to report to their superiors or responsible persons, or notify them through various designated channels, such as the Fraud and Misconduct Complaint System or the Compliance Supervisory Agency, etc.
- Agencies must collect information and report illegal acts or avoid compliance with laws and commitments important to the Company to the Company’s compliance supervisory authorities, as well as provide other cooperation with compliance supervisory agencies for the benefit of supporting problem solving. Prevention and management of potential risks, including improving and enhancing the Company’s operational supervision. The information provided will be kept confidential and will take into account the safety and damage of the reporter. The source of information or the person involved is important.
- The Company’s Compliance Supervisory Authority is the central agency for supervising the Company’s operations. Promote awareness of lawful operations. Rules and Regulations Consulting, supporting, monitoring, evaluating and reporting on the efficiency and effectiveness of operational governance to ensure that the Company’s business operations comply with the rules and regulations, as well as leading to the improvement and enhancement of the Company’s operational supervision.
This policy shall be effective from July 1, 2022 onwards.
