Compliance Policy
1. Introduction
Alloc8tor Ltd (hereinafter referred to as "the Company") is committed to maintaining a culture of compliance with all applicable laws, regulations, and ethical standards. This Compliance Policy outlines the Company's commitment to upholding legal and regulatory requirements and provides guidelines for employees, contractors, consultants, agents, and business partners to ensure adherence to these obligations.
2. Scope
This policy applies to all individuals associated with the Company, including but not limited to employees, directors, officers, contractors, consultants, agents, suppliers, distributors, vendors, and any other third parties acting on behalf of the Company.
3. Compliance with Laws and Regulations
The Company and its employees shall comply with all applicable laws, regulations, and standards that govern its operations. This includes but is not limited to laws relating to data protection, intellectual property, anti-corruption, anti-money laundering, consumer protection, competition, employment, health and safety, and any other relevant legal requirements in the jurisdictions where the Company operates.
4. Ethical Conduct
The Company expects all individuals associated with the Company to uphold the highest standards of ethical conduct. This includes but is not limited to:
4.1. Avoiding conflicts of interest: All individuals must avoid situations where personal interests conflict with the Company's interests, and must disclose any potential conflicts promptly.
4.2. Protection of confidential information: All confidential and proprietary information of the Company, its clients, and partners must be treated with the utmost care and kept confidential, unless disclosure is required by law or authorized by the Company.
4.3. Anti-corruption and bribery: The Company strictly prohibits any form of corruption, bribery, facilitation payments, or any other illegal or unethical conduct. Individuals associated with the Company must adhere to the Anti-Corruption Policy (refer to the Company's Anti-Corruption Policy for detailed guidelines).
4.4. Fair competition: The Company is committed to fair competition and compliance with antitrust and competition laws. Individuals must not engage in any anti-competitive practices, such as price-fixing, market allocation, bid-rigging, or abuse of dominant market positions.
5. Data Protection and Privacy
The Company recognises the importance of protecting personal data and privacy rights. All individuals associated with the Company must comply with applicable data protection laws and regulations, including the General Data Protection Regulation (GDPR) in the European Union, and respect the privacy rights of individuals whose data is processed by the Company.
6. Reporting Violations
The Company encourages the reporting of any violations or suspected violations of this Compliance Policy or any applicable laws and regulations. Individuals should promptly report such concerns to their supervisor, the HR department, or through a designated reporting mechanism established by the Company. The Company is committed to protecting whistleblowers and prohibits any form of retaliation against individuals who report violations in good faith.
7. Training and Awareness
The Company shall provide regular training and educational programs to employees and other relevant parties to raise awareness of legal and regulatory requirements, ethical standards, and compliance obligations. Employees should stay updated with relevant policies, procedures, and guidelines provided by the Company.
8. Compliance Monitoring and Audit
The Company may periodically conduct compliance monitoring, internal audits, or reviews to assess the effectiveness of this policy and related procedures. Any identified non-compliance or areas of improvement shall be addressed promptly.
9. Disciplinary Actions
Violation of this Compliance Policy, applicable laws, regulations, or ethical standards may result in disciplinary action, which may include but is not limited to warnings, retraining, suspension, termination of employment, or legal action, depending on the severity and nature of the violation.
10. Policy Review
This Compliance Policy will be reviewed periodically to ensure its continued relevance and effectiveness. Any updates or amendments to the policy will be communicated to all relevant individuals.
By adhering to this Compliance Policy, Alloc8tor Ltd aims to create an environment of integrity, transparency, and legal compliance, fostering trust and maintaining a strong reputation in the industry.
This policy was last updated on April 23rd, 2025