AML RightSource Supplier Code of Conduct
Introduction
Our Corporate Mission is to be THE global, end-to-end, tech-enabled services company serving as a true partner and trusted advisor to our clients by helping optimize people and reimagine compliance. Our values: Teamwork; Integrity; Customer Centricity; Excellence; Innovation, and Partnership guide us in achieving our goals.
As a global organization, we take our clients’ trust very seriously. We comply with all applicable laws and regulations of the respective legal systems in which we operate. Therefore we also require our employees to act by the highest ethical and legal standards, which are embedded in our Employee Handbook. We also want to ensure that our supply chain complies with international standards.
As such, our expectations of our suppliers and service providers are outlined below around business ethics and integrity, working conditions, environment, and health and safety.
1. Business Ethics
All Suppliers are expected to conduct all AML RightSource business and related activities in an ethical, lawful, and professional manner and must act in good faith while exercising fairness, accuracy, integrity, and respect for others.
Legal Requirements
We expect our suppliers to fully comply with the applicable laws and regulations. Our suppliers shall abide by all national, local, and international laws relating to managing their businesses.
Confidentiality
Suppliers who may have access to confidential, proprietary, or private information (“non-Public Information”) of various types, including financial records, Client and Company business information, personally identifiable information (PII), intellectual property, and other information, are required to sign a Confidentiality Agreement with AML RightSource. All Suppliers must follow all applicable legal, contractual, and policy restrictions on the use non-public information.
Anti-Trust and Fair Competition
AML RightSource abides by laws regarding anti-competitive practices. Sales must not share market data, pricing, or or client lists with competitors to set prices for services in the marketplace. Our suppliers shall keep confidential any such information they obtain from us.
Suppliers shall compete fairly in accordance with all applicable anti-trust and competition laws.
Intellectual Property Rights and Business Secrets
AML RightSource is committed to respecting the intellectual labor and property of others. This commitment extends to all authors, producers, and publishers in all media. Since electronic information is highly portable and easily reproduced and transmitted, respect for the work and personal expression of others is especially critical in computer environments. Our suppliers shall only make appropriate use of confidential information and ensure that all intellectual property rights and business secrets are respected.
Conflict of Interests
Our suppliers must examine any situation in which they may have a conflict of interest and take steps to resolve the conflict. Should a situation arise that may present a conflict of interest between AML RightSource and our supplier, the supplier shall immediately inform AML RightSource and provide all relevant information so that AML RightSource can assess the situation. The Supplier, therefore, warrants that they will not be involved in or influence any decision which can give rise to any actual or perceived conflict of interest.
Anti-Bribery/Anti-Corruption
Our suppliers shall condemn and act against corruption in all its forms, including embezzlement, extortion, and kickbacks. Our suppliers shall not offer any gifts, any form of hospitality, entertainment events, or other benefits to AML RightSource employees that could improperly influence the AML RightSource employees. They shall have a zero-tolerance policy against all such practices.
No form of bribery may be offered or accepted.
Human Trafficking and Exploitation
Exploitation comes in many different guises. It includes the exercise of ownership over a person; services coerced under threat, human trafficking, and child labor exploitation. AML RightSource is proud to be part of the fight against Human Trafficking as part of its Anti-Money Laundering investigations.
AML RightSource condemns modern slavery in all its manifestations and has a zero-tolerance approach. We believe in the individual’s ethical treatment and respect for human rights and dignity and encourage and promote a corresponding attitude in its Suppliers.
AML RightSource does not employ in any capacity the services of any person under the minimum legal working age applicable to such a position; the Company does not engage any Supplier using slave labor. The Company will terminate its relationship with any Supplier who is in breach. Further legal steps may be taken, which may include criminal prosecution.
Supply Chain Due Diligence
Our suppliers should be aware of their responsibilities and due diligence obligations along the whole supply chain. They should take this into account when entering contracts with new subcontractors and vendors. They should perform appropriate reviews and risk assessments and support us (and their other clients) in meeting our legal obligations under local supply chain legislation as far as it applies to them.
The supplier shall also report to AML RightSource any potential risks or suspected breaches of requirements.
Diversity and Economic Sustainability
Our suppliers are encouraged to foster a workplace that is ethical, productive, inclusive, and respectful. We expect Suppliers to treat all people with respect and dignity, encourage diversity, remain receptive to diverse opinions, promote equal opportunity, and foster an inclusive and ethical culture.
2. Environment
AML RightSource expects our suppliers to act under any applicable statutory and international standards regarding environmental protection and sustainable procurement.
Suppliers should demonstrate a clear understanding of the environmental risks, impacts, and responsibilities associated with the products and services they provide. Suppliers should have an effective environmental policy, statement, or program to mitigate environmental risks.
We expect suppliers to minimize the environmental impact when operating and supplying their products and services. This includes but is not limited to the following:
Minimize Environmental Impact
Our suppliers are encouraged to make practical efforts to minimize using energy, water, and raw materials. Where possible, these should be renewable or sustainably sourced.
Suppliers should manage, measure and minimize emissions to air that are likely to cause pollution or contribute to climate change and minimize where possible. Suppliers should strive for alternative and climate-friendly solutions to reduce emissions and become climate neutral.
Environmental Compliance
Our suppliers shall comply with all local regulations and international standards. The handling, storage, movement, treatment, and disposal of all waste must be carried out under applicable regulations and in an environmentally responsible manner.
Recycling
Suppliers should make practical efforts to roll out initiatives to develop and promote the use of renewable resources if possible. Suppliers are encouraged to promote appropriate environmental and social considerations within the entire life cycle of their operations.