Anti-Bribery and Anti-Corruption Policy
1. Policy Statement
GenQ Wealth Partners Sdn Bhd ("GenQ") is committed to conducting its business activities with the highest standards of integrity and ethical behavior. We strictly prohibit bribery and corruption in all forms and maintain a zero-tolerance approach towards these activities. This policy outlines our commitment to preventing bribery and corruption in our operations.
2. Prohibited Activities
GenQ prohibits its employees, agents, contractors, and business partners from engaging in any form of bribery, corruption, or unethical behavior. This includes offering, giving, receiving, or soliciting bribes, kickbacks, or any undue advantages, either directly or indirectly, to influence business decisions or gain an improper advantage.
3. Responsibilities
All employees, agents, contractors, and business partners are expected to adhere to this policy and report any suspicious or unethical activities to the designated compliance officer.
4. Gifts and Hospitality
Gifts, hospitality, or entertainment offered or received in the course of business should be of modest value and must not create any perception of impropriety or influence. Approval from the compliance officer may be required for certain gifts or hospitality.
5. Due Diligence
We will conduct due diligence on all parties with whom we enter into business relationships to ensure they uphold similar anti-bribery and anti-corruption standards.
Anti-Money Laundering and Anti-Terrorism Financing Policy
1. Policy Statement
GenQ is committed to preventing money laundering and the financing of terrorism in accordance with applicable laws and regulations. This policy outlines our commitment to safeguarding our operations from being misused for illegal activities.
2. Customer Due Diligence
We will perform customer due diligence and know-your-customer (KYC) procedures on all clients to verify their identities, assess risks, and detect any suspicious activities.
3. Reporting Obligations
Employees and relevant personnel are required to report any suspicious transactions or activities to the designated compliance officer. We will promptly report any suspicious activities to the relevant authorities as required by law.
Whistleblowing Policy
1. Policy Statement
GenQ encourages its employees, clients, business partners, and other stakeholders to report any concerns, suspicions, or wrongdoing related to bribery, corruption, money laundering, terrorism financing, or any other unethical behavior.
2. Reporting Channels
Our reporting channels are confidential and secure for individuals to report concerns without fear of retaliation.
1) Email to the following email address: kensoncheong@genqwealthpartners.com
OR
2) In writing sealed envelope with the words “strictly confidential”.
Please also state on the top left-hand corner of the envelope: "To be opened by the Addressee only”. and mail or hand-deliver to:
Cheong Kwang Siang
VO503A07, Signature 1 (VO5),
Lingkaran SV, Sunway Velocity,
55100 Kuala Lumpur W.P. Kuala Lumpur
3. Protection of Whistleblowers
GenQ is committed to protecting whistleblowers from any form of retaliation or adverse action as a result of making a report in good faith.
4. Investigation and Resolution
All reports will be promptly investigated, and appropriate action will be taken based on the findings of the investigation.
Conclusion
GenQ Wealth Partners Sdn Bhd is dedicated to upholding the highest ethical standards in all aspects of its operations. Our anti-bribery, anti-corruption, anti-money laundering, anti-terrorism financing, and whistleblowing policies underscore our commitment to integrity and compliance. All employees, agents, contractors, and business partners are expected to familiarize themselves with and adhere to these policies to ensure the highest level of ethical conduct.
GENQ WEALTH PARTNERS SDN BHD (1516919-H) © 2023
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