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Code And Conduct


Tek Faktoring maintains its operations under legal and administrative regulations in direction with the codes of conduct specified below, with the purpose to enhance social and economic avails in the Factoring market, to protect and develop the respectability of factoring profession, to treat fairly and justly in relations with other companies, customers, and its own staff, not to give room for unfair competition. The executives as well as the employees should observe such fundamental values in all kinds of their relations, doing their full share of work in order to keep at the maximum the eminence of Tek Faktoring and its shareholders. 

1. Operations; 

1.1.Company operations are conducted basing on the effective legal regulations, the articles of incorporation, internal regulations and the policies constituted.    1.2.Off-record operations are banned; accuracy and consistency of the work records is essential. It takes measures necessary for determination of doubtful transactions with regard to the fight against money laundering, fraud and similar crimes and for action taking under regulations, and it cooperates with relevant agencies and institutes. 

 

1.3.All employees, through cooperation, support the internal audit works held for monitoring the compliance of company operations with the legal and internal regulations. 

 

1.4.The Company informs all relevant parties and all agencies and institutes, in relations they shall establish during their professional operations and in transactions they shall realize, in a full, accurate, fast and equal way required by the regulations and professional customs.  1.5. The Company provides technical knowledge for its operations, follows developments regarding the profession and remains bound with the regulations thereon.  

2. Interest Holders;

 2.1. Principles of honesty, reliability, consistency, professionalism, independence, long-term relations and respect to mutual interests are observed in relations with the customers, suppliers and other persons and institutes the company is in business relations with,.  

2.2. Superior quality in the understanding of service is targeted, as well as to fully cover customer needs and expectations in direction with such principles. 

2.3. Behaviours restricting free competition are avoided, competitor companies are not backbitten, and deceptive advertising is not made.  

2.4. Information in confidential and trade secret characteristics of the company as well as the personal information on the employees and customer information are kept confidential.

2.5. Donations made by the company are duly announced to all interest holders and the public. 

2.6. It is prohibited to make bribe, tip or similar payments to persons and institutes in order to attract business to the company and to have conducted the proceedings regarding the company.

3. Human Resources Policy; 

3.1. In human resources, racial, ethnical, national, religious and gender discrimination is not applied; equal opportunities are provided to persons under equal conditions; performance and efficiency is based on in pricing and promotion.  

3.2. By continuous enhancement of the efficiency of human resources, it is provided to produce quality at the most economic level and without compromise.  

3.3. Those that possess professional qualities necessary for executing the assigned duties are elected executives.  

3.4. In the premises, a safe and healthy working environment is provided as well as the means to develop their careers.  3.5. Besides training the employees in individual and professional issues, it is also provided that they are trained in first aid, earthquake, fire and other natural disasters.  

3.6. It is endeavoured to render employee satisfaction persistent, by establishing a corporate culture through continuous training of the employees.  Principles of long term relation with the employees and respect to mutual interests are observed.  

4. Executive Responsibility; 

4.1. The Members of the Board of Directors may not reveal to public the confidential and/or trade secret information regarding the company. The Board of Directors has taken measures necessary to prevent extraction of such information out of the company by other employees. 

4.2. The Members of the Board of Directors may not use the confidential information on the company in favour of themselves or third parties, may not give artificial, inaccurate, deceptive and groundless information on the company, may not spread news and make comments.  

4.4. The Members of the Board of Directors, before taking office with the company, have declared that the shall comply with the regulations, the articles of incorporation, internal regulations and to the policies constituted and in case they do not, that they shall sequentially cover the loss of company and interest holders arisen on this account.   

4.5. The Members of the Board of Directors shall not bend the knee against pressures that might yield unfavourable results on shareholders and shall not accept monetary interest, additionally they have taken measures necessary for providing that these rules are applied by all employees of the company. 

4.6. The Members of the Board of Directors, before undertaking other duties that might create conflict of interest with the company business, give information to the Board of Directors and take approval of the Board of Directors. 

5. The Trade Secret Notion and the Trade of the Internal Absorbers;  

5.1. Information in trade secret characteristics are; information with current or potential commercial value, which are not known by third parties and might not be accessed under normal conditions, which the information holder aims at keeping confidential.

 5.2. Protection and security of the company’s trade secrets is essential. Trade secrets may not be revealed, used or given, subject to bases and restrictions foreseen under the Capital Markets Law and other laws. 

5.3. All and any measures are taken for preventing the use of internally absorbed information. The top management that may get access to the information that might affect the value of the company consists of ; İbrahim Betil, Mehmet Başer, Demet Bilici, Hasan Başer, Ahmet Tayakısı, General Manager M.Orhun Sungurtekin, Directors ; Sedat Etyemez, Aydan Yumurtacı andVasıf Işık. 

6. Social Responsibility; 

6.1. Sensitivity is shown in the protection of environment and natural life, consumer rights and public health; and the rules are abided by. 

6.2. Projects are developed for fulfilment of the social responsibilities of the company and cooperation is made with institutes working this purpose.  

6.3. Besides the active office of the Chairman of our Board of Directors in Foundation of The Volunteers of Society, our Company has accepted it as a duty according to social responsibility to transfer a certain portion of resource to education. 

7. Company Interests;

 7.1. None employee bends the knee against pressures that might lead to unfavourable results on shareholders and, none accepts monetary interests. 

7.2. Employees observe only the company interests in decisions regarding the business; individual, familial concerns and interests are not considered.

  7.3. Employees take maximum care of company expenditures, acting with saving and cost consciousness.

 8. Work Ethics and Behaviours;

 8.1. All employees conduct office in an egalitarian, transparent, accountable and responsible way. 

8.2. In relations with the employees, mutual respect, trust and cooperation are essential. 

8.3. Resources and means of the company may not be used for supporting political activities; political activity may not be conducted within the company’s body, donations to political parties may not be made and support to political campaigns may not be given.  

8.4. Political, social and religious ideas may not be expressed and discussed in the working environment

 8.5 All employees do their full share of responsibility for the protection and development of the company’s eminent image.  In this framework, all employees take care of that their personal addresses are within the framework of laws and general ethics rules.
8.6.Employees may not use the confidential information regarding the company, which are not open to public, in favour of themselves or of third parties.

 8.7.Employees may not directly or indirectly accept gifts with regard to the company affairs, may not provide interest and may not accept loan from persons or firms with which the company has business relations.

Behaviours and transactions contrary to such Codes of Conduct are rightful reasons that might lead  termination of the relation to the company.

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