Investors
relations –Code of Conduct
Arco Leasing Limited:
Code of Business Conducts and Ethics
Introduction
This Code of Business Conduct and Ethics helps
ensures compliance with legal requirements and our
standards of business conduct. Directors and Company
employees are expected to read and understand this
Code of Business Conduct and Ethics, uphold these
standards in day to day activities, comply will all
applicable policies and procedures, and ensure that
all agents and contractors are aware of and
understand and adhere to these standards. We are
committed to continuously reviewing and updating our
policies and procedures. Therefore this Code of
Business Conduct and Ethics is subject to
modification. This Code of Business conduct and
Ethics supercedes all other such codes, policies,
procedures, instructions, practices, rules or
written or verbal representations to the extent they
are inconsistent.
National Interest
Arco
Leasing shall conduct its business affairs in
accordance with the economic development and foreign
policies, objectives and priorities of the Union
Government, and shall strive to make a positive
contribution to the achievement of such goals at the
international, national and regional level, as
appropriate.
Financial
reporting and records
Arco Leasing shall prepare and maintain its accounts
fairly and accurately in accordance with the
accounting and financial reporting standards which
represent the generally accepted guidelines,
principles, standards, laws and regulations of the
country in which the Company conducts its business
affairs. All required information shall be
accessible to company auditors and other authorized
parties and government agencies. There shall be no
willful omissions of any company transactions from
the books and records.
Gifts and
donations
Arco Leasing Directors and its employees shall
neither receive nor offer or make directly or
indirectly, any illegal payments, remuneration,
gifts, donations or comparable benefits which are
intended to or perceived to obtain business or
uncompetitive favors for the conduct of its
business.
Government
Agencies
Arco Leasing Directors and its employees
shall not offer or give any company funds or
property as donation to any government agencies or
their representatives directly or through
intermediaries, in order to obtain any favorable
performance of official duties.
Health,
safety and environment
Arco Leasing shall strive to provide a safe and
healthy working environment and comply in the
conduct of its business affairs, with all
regulations regarding the preservation of the
environment of the territory it operates in.
Corporate
citizenship
Arco Leasing shall be committed to be a
good corporate citizen, not only in compliance with
all relevant laws and regulations, but also by
actively assisting in the improvement of the quality
of life of the people in the communities in which it
operates, with the objective of making them self
reliant.
Ethical
conduct
Every Director and employee of Arco Leasing, which
shall include whole-time directors and the managing
director, shall deal on behalf of the company with
professionalism, honesty and integrity, as well as
high moral and ethical standards. Such conduct shall
be fair and transparent and be perceived to be as
such by third parties.
Regulatory
compliance
Every Director and employee of Arco
Leasing shall, in his or her business conduct,
comply with all applicable laws and regulations,
both in letter and in spirit, in all the territories
in which he or she operates. If the ethical and
professional standards set out in the applicable
laws and regulations are below that of the code,
then the standards of the code shall prevail.
Conflict of
interest
Any Director or employee of Arco Leasing
shall not engage in any business, relationships or
activity which might detrimentally conflict with the
interest of his company or the group. A conflict of
interest, actual or potential, may arise where,
directly or indirectly. a) He or she engages in a
business, relationships or activity with anyone who
is party to a transaction with his or her company:
b) He or she is in a position to derive a personal
benefit or a benefit to any of his or her relatives
by making or influencing decisions relating to any
transaction: c) An independent judgment of the
company’s or group’s best interest cannot be
exercised.
Securities
transactions and confidential information
Any Director or employee of Arco Leasing
and his or her immediate family shall not derive any
benefit or assist others to derive any benefit from
the access to and possession of information about
the company or the group, which is not in the public
domain and this constitutes insider information.
Such insider information might include the
following: - Acquisition and divestiture of business
or business units - Financial information such as
profits, earnings and dividends - Announcement of
new product introductions or developments - Asset
revaluations - Investment decisions/plans -
Restructuring plans - Major supply and delivery
agreements - Raising finances
Protecting
company assets
The assets of Arco Leasing should not be
misused but employed for the purpose of conducting
the business for which they are duly authorized.
These include tangible assets such as equipment and
machinery, systems, facilities, materials, resources
as well as intangible assets such as proprietary
information, relationships with customers and
suppliers etc.
Citizenship
A director or an employee of Arco Leasing
shall in his or her private life be free to pursue
an active role in civic or political affairs as long
as it does not adversely affect the business or
interests of the company or the group.
Reporting
concerns
Every Director and employees of Arco
Leasing shall promptly report to the management any
actual or possible violation of this code, or an
event he or she becomes aware of that could affect
the business or reputation of his/her or any other
Arco Leasing Company.
