SCBAM's core values is to hold itself, at all times, as a socially responsible corporate citizen. Any Corruption and Bribery or attempt thereto in SCBAM's business dealings and transactions is wholly inconsistent with this core value and, therefore, wholly unacceptable and shall not be tolerated. This is clearly enunciated in the SCBAM's Code of Conduct prescribed for both directors and employees.
Consequently, we have zero tolerance of Corruption and Bribery. This is the underlying principle in this Anti-Corruption and Bribery Policy. The Policy extends to all of SCBAM's business dealings and transactions, regardless of jurisdiction in which they take place. This Policy shall be implemented in SCBAM through a diligent enforcement Program for Countering Corruption and Bribery. This Policy will be updated from time to time to reflect changes in the law, regulation, reputational needs of SCBAM, and prevalent business practices.
This Policy enunciates the minimum requirements for Countering Corruption and Bribery. A higher standard may be imposed by specific legislation or regulation in a jurisdiction for certain types of business transactions, as well as within SCBAM's Code of Conduct.
As of December 3, 2014
SCB Asset Management Co., Ltd.,