Ethics and Anti-Corruption Policy of Facefy LLC (Fanawatch)
1. Introduction
At Facefy LLC (Fanawatch), we are committed to conducting our business operations with integrity, transparency, and accountability. We believe that ethical practices are essential to building trust with our clients, collaborators, suppliers, and the broader community. This policy sets out the principles and standards that guide our business conduct and establishes our commitment to complying with anti-corruption laws globally.
2. Scope of the Policy
This policy applies to all employees, collaborators, contractors, executives, shareholders, and anyone acting on behalf of Facefy LLC (Fanawatch). It also extends to our business relationships with suppliers, customers, and commercial partners.
3. Compliance with the Law
Facefy LLC (Fanawatch) complies with all applicable laws and regulations in the countries where we operate, including national and international anti-corruption, bribery, and fair trade laws. We are committed to preventing and avoiding any form of corruption and ensuring that all our operations are transparent and ethical.
4. Prohibition of Bribery and Corruption
Facefy LLC (Fanawatch) maintains a zero-tolerance policy towards bribery and corruption. It is strictly prohibited, either directly or indirectly, to offer, promise, authorize, give, receive, or solicit any form of improper payment, gift, or benefit intended to influence business or government decisions. This includes:
- Cash payments or any other form of improper payment.
- Gifts or personal favors intended to influence business decisions.
- Bribes to public officials, private companies, or any other interested party.
5. Gifts, Invitations, and Hospitality
The giving and receiving of gifts and invitations are permitted only if they meet the following conditions:
- They comply with local laws and customary business practices.
- They are appropriate and cannot be interpreted as an attempt to influence decision-making.
- They are of modest value, not exceeding USD 100 or equivalent, unless expressly authorized by the management of Facefy LLC (Fanawatch).
It is prohibited to accept or give gifts that may create a conflict of interest or unduly influence a decision.
6. Conflicts of Interest
All employees, collaborators, and associates of Facefy LLC (Fanawatch) must avoid situations where their personal interests may conflict with the interests of the company. Any conflict of interest that arises must be immediately reported to management for resolution. Examples of conflicts of interest include:
- Having financial interests in a supplier or customer.
- Accepting gifts or personal favors that could influence business decisions.
7. Transparency in Business Operations
Facefy LLC (Fanawatch) is committed to ensuring that all transactions and operations are transparent and properly documented. Financial activities must be accurately reflected in the company’s books and accounting records, following applicable accounting regulations.
8. Relationships with Suppliers and Customers
The selection of suppliers, customers, and other business partners is based solely on objective criteria such as quality, price, and adherence to our ethical standards. No one at Facefy LLC (Fanawatch) is permitted to accept bribes or improper benefits to influence supplier selection or contract awards.
9. Relations with Public Officials
It is a direct violation of this policy to make payments or give gifts to public officials in order to influence their decisions, obtain undue advantages, or secure preferential treatment. This includes any official or employee of a governmental entity, international organization, political party, or political candidate.
10. Internal Control and Audit
Facefy LLC (Fanawatch) implements internal controls to ensure compliance with this policy. These controls include periodic reviews of transactions and business activities to identify any unethical behavior. The company will conduct internal audits to ensure that established procedures are followed properly.
11. Training and Awareness
All employees and collaborators of Facefy LLC (Fanawatch) will receive training on this ethics and anti-corruption policy. Every team member is expected to understand their individual responsibilities regarding the prevention of corruption and the adherence to legal requirements.
12. Whistleblower Protection and Reporting
Facefy LLC (Fanawatch) provides a confidential channel for employees, collaborators, and partners to report any violations of this policy or any suspicion of illegal activity. Reports can be made anonymously, and the company is committed to protecting whistleblowers from retaliation. Any report of misconduct will be thoroughly investigated.
13. Consequences of Non-Compliance
Failure to comply with this policy may result in severe disciplinary actions, including termination of employment or contract, and may lead to legal consequences where applicable.