본문 바로가기

Fair Trade(C.P.)

Key 8 Factors in Compliance Program

  • 01.Prepare and execute standard and procedure for CP
  • 02.Announce the will and support of CEO for CP
  • 03.Appoint manager responsible for compliance
  • 04.Create and use compliance manual
  • 05.Execute compliance training on employees
    (more than 2 hours/half a year)
  • 06.Establish internal monitoring system including monitoring and inspection of compliance
  • 07.Impose restriction on employees who violated Fair Trade Act
  • 08.Evaluate its effectiveness and prepare improvement measure

Operation Stage of Compliance Program

STEP 01

Establishment of execution system

  • CEO announced compliance policy.
  • Appoint a manager responsible for compliance.
  • Establish an internal control system.
STEP 02

Facilitation of compliance

  • Compose compliance manual.
  • Conduct compliance training.
  • Operate internal monitoring system (monitoring/restriction)
STEP 03

Three step: Effective operation of CP

  • Manage document systematically.
  • Evaluate the outcome of operating CP
  • Improve internal procedure and system.

Incentive System on Enterprise Running Compliance Program

cp등급 A~AAA까지 공정의 직원조사면제와 공표명령 table이 있습니다.
CP AAA AA A
Exempted from ex officio investigation of Fair Trade Commission (FTC) 2years 1 year and 6 months 1year
Public announcement of order Exempted Public announcement of periodicals :
Lower down the both size and no. of issue one level.
Public announcement in workplace and electronic medium :
The period of announcement is shortened.

Current Operation Status

Expression of will for compliance by management
Hold a ceremony of introducing fair trade CP (with the presence of employees and partner companies)
Host a regular meeting on a conference to strengthen will to practice CP
Designation and appointment of compliance manager
Role of compliance manager
  • Intensively manage a CP as a key pillar of the entire CP
  • Enhance fair competition awareness on all employees
  • Deliver major issues related to fair competition to CEO as an official communication channel with FTC
Preparation and distribution of compliance manual
Prepare and distribute compliance manual based on commentaries on related laws and real cases.
Operation of training program
Operate training program for each job/position; conduct training at least 4 hours/year
Systematization of operating compliance monitoring system
Impose restrictions according to the seriousness of each case after conducting investigation and monitoring on major compliance items
  • Minor case : Take warning measure by Compliance Sanctions Committee
  • Major case : Take action by Personnel Disciplinary Committee