Annual Report 2019

FAR EAST CONSORTIUM INTERNATIONAL LIMITED 68 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT Business Ethics Anti-corruption and Anti-competitive behaviour We do not tolerate any forms of corruption, including bribery, extortion, fraud and money laundering. Our Code of Business Conduct and Employee Handbook set out the requirements in relation to anti-corruption and anti- competitive behaviour, including insider trading, conflicts of interest, political contributions, competition and fair dealing. In 2019, we will include anti-corruption requirement in our Employee Handbook, including bribery, extortion, money laundering, fraud, theft and corruption. On the external front, we also promote anti-corruption practices and include relevant provisions in the contracts with most of our business partners. Employees and directors are required to strictly comply with our policies. Internal reporting procedures of violations of the Code were established for employees to report any misconduct and malpractices; they can report cases verbally or in writing to their supervisors, managers or other personnel as appropriate. Dedicated hotlines were also provided for situations where it may not be appropriate for employees to discuss the issues with their supervisors or managers. The Group will keep the reporting person’s identity confidential and offer protection from any retaliation. The Group did not record any whistle-blowing case in FY2019. The Group abides by the relevant laws and regulations in relation to anti-corruption, including but not limited to the Prevention of Bribery Ordinance of Hong Kong, as well as laws and regulations applicable to operations in other regions. During FY2019, there was no case of material non-compliance or legal cases brought against the Group or our employees in relation to bribery, extortion, fraud and money laundering. Protecting Intellectual Property Rights We protect intellectual property rights and require our employees and officers to maintain the confidentiality of proprietary information provided by our customers or suppliers or the Group during business activities, including trade secrets, patents, trademarks, copyrights, engineering and manufacturing ideas and designs.