Trade Compliance

Trade Compliance

Jereh Group requires that all the employees comply with all the laws that apply to our businesses, including not only the laws of China but also the laws of other countries. Jereh is dedicated to raising our employees’ legal awareness and training every employee for that purpose, because we share a company-wide commitment and obligation to conduct ourselves with integrity in every way. Non-compliance will not be tolerated. Failure by any employee to adhere to company policy and required procedures, or to participate in required training, may result in disciplinary action. It’s the Group’s request that all employees engaged in international procurement, sales and export transactions fully understand how export controls and sanctions apply to the work they do, fully participate in all compliance training provided by the Group, report potential compliance issues, maintain accurate records and ask questions related to compliance of their supervisors or other management personnel. 

Jereh’s detailed compliance endeavors are illustrated as follows:

 Trade Compliance Department of Jereh Group is responsible for set-up and upgrade of compliance program, investigation and verification of the Group’s business transactions in regards to compliance and authorized to suspend any potential non-compliance.

Establish Compliance Committee. Each department, business unit, subsidiary and sub-group has a compliance representative and the heads of these organizations are the primary responsible personnel.

Retain a group of professional outside counsels to build compliance policies and procedures, including a series of regulations targeted at global transactions and specific countries.

Apply IT-based auto screening procedures.

Implement comprehensive compliance control through procurement, sales, finance, law, logistics, after sales, customer visit, business travel, visa application, etc.

Organize regular compliance trainings and tests for all the relevant employees. Compliance training during corporate culture training for new hires and annual training are scheduled in order to enhance compliance awareness and cultivate a good compliance culture.

Conduct regular compliance risk assessment, spot check and audit.

Employees are expected to report to their compliance representatives or the Trade Compliance Department if any possible non-compliance is identified.