The purpose of this policy is to establish an anti-corruption management system by setting the behavioral standards of executives and employees of Jinyang Pharm Co., Ltd. (hereinafter referred to as the “Company”) to prevent corruption.
Whatever the reason, the Company prohibits bribery and conflicts of interest by its executives and employees, such as money, valuables, entertainment, and convenience with relevant stakeholders.
In carrying out their duties, the executives and employees shall comply with all anti-corruption laws such as 「Criminal Act」, 「Act on Special Cases concerning the Punishment of Specific Violent Crimes」, 「Act on Prevention of Corruption of Foreign Public Officials in International Commerce」, 「Act on Prohibition of Improper Solicitation and Acceptance of Money, etc.」 of Korea and overseas anti-corruption laws such as 「Foreign Corrupt Practices Act」 of the US, 「Bribery Act」 of the UK and internal regulations, and do not engage in conduct that may be suspected of being in violation of the above.
The executives and employees shall comply with the anti-corruption policy and the requirements of the anti-corruption management system to eliminate the corruption risk due to violations of the relevant provisions of Article 3, thereby contributing to the achievement of the Company's purpose.
In order to prevent and reduce corruption risks arising from violations of the relevant provisions of Article 3, the Company shall establish and operate an effective anti-corruption management system and continuously improve it. In addition, all its executives and employees shall sign the anti-corruption pledge at least once a year and fulfill it.
The Company shall appoint an anti-corruption compliance officer for anti-corruption. The anti-corruption compliance officer is given independent responsibilities and authority related to anti-corruption, and is obliged for providing and supervising the advice and guidelines for resolving issues related to the Company's anti-corruption management system.
The Company shall strictly keep the personal information of corruption and bribery whistleblowers confidential. If the whistleblower is its member, the Company shall protect him/her from being evaluated, assigned, and economically disadvantaged based on the report. The whistleblower's contribution to the Company due to his/her report on bribery shall be reflected in performance evaluation, etc.
If a member of the Company violates this policy and related laws or is subject to administrative and criminal sanctions, such as penalty fees in accordance with related laws because he/she fails to take reasonable measures after finding a violation, the Company does not take responsibility for the above sanctions against the person concerned, and may take disciplinary action according to the Company's regulations.