This Code of Ethics (hereinafter referred to as the "Code") defines the principles to be followed by entities operating with and in the interest of the Glorious Property Holdings Group (hereinafter referred to as the "Group").
Compliance with this code is mandatory.
The Code represents a distinctive and identifying element towards the market and third parties. Anyone who operates, for whatever reason, in the Company or cooperates with it shall know and share this Code.
This Code applies to directors, executives, employees and any collaborator working for the Group, even in positions of out-of-position placement, in position of command, detached or part-time workers, as well as consultants and anyone authorised to attend the Group’s offices for the purpose of carrying out studies or research.
Article 1 – General Principles
In carrying out their activities, the Recipients are required not to accept donations, favours or benefits of any kind (except for items of moderate value) and, in general, not to accept any counterpart in order to grant benefits to third parties in an improper way.
At the same time, Recipients shall not make donations of money or goods to third parties or in any case offer unlawful benefits of favours of any kind (except for objects of moderate value or courtesy gifts authorized by the company) in connection with their activities for the benefit of the group.
The inherent conviction to act in the interest of the Group does not exempt the Recipients from the obligation to observe promptly the rules and principles of this Code and the laws of the place where the Group operates.
The Recipients are obliged not to use confidential information, learned through their work, for purposes unrelated to the exercise of such activity, and in any case to always act in compliance with the obligation of confidentiality assumed by the Group towards all Stakeholders.
In particular, the Recipients are bound to the utmost confidentiality on documents suitable for disclosing know-how, transport information, commercial information and corporate transactions.
Recipients must refrain from any activity that may conflict with the interests of the Group by waiving the pursuit of personal interests in conflict with the legitimate interests of the Company.
In cases where there may be a conflict of interest, the Recipients are required to contact, without delay, their hierarchical superior so that the company can evaluate, and possibly authorize, the potentially conflicting activity.
In cases of infringement, the Company will take all appropriate measures to end the conflict of interest, reserving its own protection.
Article 2 – Recipients Of The Code And Their Obligation
Article 3 - Behavioural Obligations Towards Internal And External Users
Article 4 - Prevention Of Corruption
Article 5 - Relationship With Clients
Article 6 - Relations With External Parties
Any liability assumed by a Recipient in the name and on behalf of the Group, in the absence of prior written permission or subsequent ratification by the Group, shall be deemed to be assumed personally by the Recipient, without any consequence for the Group.
Article 7 - Reputational Risk Management
Article 8 - Powers Of The Group And Sanction System