Since CIT establishment in the 2000s, uncompromising integrity and professionalism have been the cornerstones of its approach in handling business. The present Code of Conduct sets the standards for how we work together to develop and deliver the top-notch services in reflection of our vision, mission and strategy. This Code is a statement of certain fundamental principles, policies and procedures that govern the CIT concerned parties in the conduct of business. All of us at CIT must abide by the Code when conducting interrelated business. In all CIT activities and work, we support, affirm and uphold a set of core values and principles:
At the Chamber of Information Technology and Telecommunication, all directors, officers and staff are expected to familiarize themselves with the present Code of Conduct and adhere to such principles and procedures set forth herein. As adopted by the CIT Board of Directors, we highly value the following principles and provisions of the Code of Conduct:
- Honest and Ethical Conduct
Our directors, officers and staff are expected to act and perform their duties in an ethical and honest manner with the utmost integrity. Honest conduct is such manner of conduct free from fraud or deception. Ethical conduct is such manner of conduct conforming to the acceptable professional standards of conduct.
- Conflicts of Interest
A conflict of interest exists where the interests or benefits of one person or entity conflict or appear to be in conflict with the interests or benefits of the Chamber of Information Technology and Telecommunication. The concerned parties shall never use or attempt to use their position in the CIT as to obtain improper personal benefits. Any CIT member who is aware of a conflict of interest, or is concerned that a conflict might develop, is required to discuss the matter with a higher level of management or the Board of Directors promptly.
It is our policy at the CIT to comply with all applicable laws, rules and regulations. It is the personal responsibility of each CIT concerned party including all directors, officers and staff to comply with such standards and restrictions imposed by such laws, rules and regulations. Any CIT party who is unsure whether a situation violates any applicable law, rule, regulation or internal policy should discuss the matter with the senior management.
- Internal Reporting and Accountability
CIT concerned parties shall take all appropriate actions to stop any known misconduct by fellow parties violating this Code of Conduct. To such end, CIT concerned parties shall report any known or suspected misconduct to the General Manager or, in case of misconduct by a Senior Officer, also to the CIT Chairman of the Board of Director. Any violation to this Code of Conduct may result in disciplinary action, including termination, and if warranted, legal proceedings.
In carrying out the CIT business and activities, staff, officers and directors often learn confidential or proprietary information about the member companies and service providers. Staff, officers and directors must maintain the confidentiality of all information so entrusted to them, except when disclosure is authorized or legally mandated. Confidential or proprietary information of our members, and of other concerned parties, shall include any non-public information that would be harmful to the relevant member or useful or helpful to competitors if disclosed.
- Waivers and Amendments of the Code
The CIT is committed to continuously reviewing and updating our policies and procedures. Therefore, this Code is subject to modification. Any amendment or waiver of any provision of this Code must be approved in writing by the CIT's Board of Directors and promptly circulated pursuant to applicable laws and regulations.