Daehan Electric Wire, Enhances Compliance System for Ethical Management

Compliance Training and Establishment of Dedicated Organization

Daehan Electric Wire announced on the 30th that it will advance its compliance system to establish a transparent and sound corporate culture. Compliance refers to a legal compliance monitoring system that continuously manages employees to perform their duties in accordance with laws and regulations.

On the 29th, Daehan Electric Wire conducted special compliance training for employees at Hoban Park Building 2 in Seocho-gu, Seoul, where its headquarters is located. Experts in the field were invited to explain the importance of compliance and anti-corruption laws in various countries. The training focused on the requirements to be observed when carrying out overseas projects.

Daehan Electric Wire conducting special compliance training for executives and employees on the 29th /
[Photo by Daehan Electric Wire]

Song Jong-min, Vice Chairman of Daehan Electric Wire, attended the training and stated, "Compliance is one of Daehan Electric Wire's core goals," adding, "We will establish a system that meets global standards and foster a compliance mindset to advance as a developed company." He also said, "We will comprehensively promote efforts to strengthen compliance for sustainable growth."

Recently, Daehan Electric Wire established a Compliance Support Team dedicated to compliance tasks to enhance expertise and independence. The Compliance Support Team is responsible for building a strong internal control and risk assessment system and early detection of unfair trade practices, anti-corruption acts, and ethical violations. In the future, it will organize related internal policies and procedures and prepare various programs to cultivate ethical awareness and compliance spirit among not only employees but also partner companies and other stakeholders.

A Daehan Electric Wire official said, "As the importance of compliance is highlighted worldwide, we have advanced our system in line with the changing trends," adding, "We will systematically manage by preemptively blocking potential risks and taking appropriate measures in case of fraudulent acts."

This content was produced with the assistance of AI translation services.