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Code of Ethics & Conduct

Version: 1.0 | Last Update: May 14, 2025 | Applies to: Employees & Business Partners
This Code sets minimum ethical standards for behavior and decision-making at SAF Systems LLC (“SAF”, “Company”). It applies to all employees and to business partners (suppliers, distributors, resellers, integrators, advisors). Where local law, contracts, or policies impose stricter obligations, the stricter rule prevails.

1. Our Principles

  • Integrity first: We act honestly, keep promises, and avoid misleading conduct.
  • Respect & dignity: We treat everyone fairly and professionally.
  • Accountability: We own our decisions and outcomes.
  • Compliance: We follow applicable laws, contracts, and internal policies.
  • Transparency: We disclose material risks, conflicts, and errors promptly.

2. Respect, Inclusion & Human Rights

  • Zero tolerance for harassment, bullying, or discrimination based on protected characteristics.
  • Support equal opportunity, inclusive hiring, and accessible workplaces.
  • Prohibit child/forced labor and human trafficking; expect partners to uphold equivalent standards.
  • Respect lawful employee representation and freedom of association where applicable.

3. Integrity: Anti-Bribery, Gifts & Conflicts

3.1 Anti-Bribery & Improper Advantages

  • No bribes, kickbacks, facilitation payments, or improper inducements to/from any party, including public officials.
  • Reasonable, bona fide hospitality is allowed only if lawful, proportionate, and transparent.

3.2 Gifts, Hospitality & Sponsorships

  • Must be modest, infrequent, and never to influence or reward a decision.
  • Cash or cash-equivalents (e.g., gift cards) are prohibited.
  • Follow local thresholds/approvals defined in the detailed Anti-Bribery Procedure (refer to internal policy).

3.3 Conflicts of Interest

  • Disclose any personal, financial, or family interest that could affect impartiality.
  • Do not use your role for personal gain; recuse where appropriate.

4. Confidentiality, Privacy & Data Protection

  • Protect SAF confidential information and trade secrets; use only for legitimate business purposes.
  • Handle customer and employee personal data in line with UAE PDPL, DIFC/ADGM laws, Brazil LGPD, and other applicable regimes.
  • Apply data minimization, purpose limitation, secure storage, and lawful transfer mechanisms.
  • Report suspected data breaches immediately via incident channels.

5. Cybersecurity & Use of Company Assets

  • Follow security policies, MFA, strong passwords, and clean-desk practices.
  • Use company devices, networks, and software responsibly; install only authorized tools.
  • Do not bypass security controls; promptly report phishing or suspicious activity.
  • Respect software licenses; no unauthorized copying or circumvention.

6. Fair Competition, IP & Information Handling

  • Compete fairly; never collude on pricing, market allocation, or bid-rigging.
  • Respect third-party IP; use open-source per SAF’s OSS policy and license terms.
  • Gather competitive intelligence lawfully; do not solicit confidential information.
  • Keep accurate records and retain documents per policy and law.

7. Trade Controls, Sanctions & AML/CFT

  • Screen customers/partners against applicable UAE, UN, US, EU, Brazilian and other relevant lists.
  • Comply with export/import controls and licensing requirements.
  • Apply risk-based KYC/AML where relevant; escalate red flags (unusual payments, shell entities, opaque ownership).

8. Accurate Records, Marketing & Social Media

  • Maintain accurate, complete, and timely financial and operational records.
  • Marketing must be truthful, substantiated, and compliant with local rules.
  • Public statements on behalf of SAF require authorization; avoid speaking on behalf of SAF in personal posts.
  • Disclose sponsorships or material connections where legally required.

9. Health, Safety & Environment

  • Provide and maintain a safe, healthy workplace and event environments.
  • Follow HSE procedures and report hazards, injuries, or near-misses immediately.
  • Strive to reduce environmental impact and comply with applicable environmental laws.

10. Speak-Up, Non-Retaliation & Investigations

  • Report concerns about misconduct, violations of law, this Code, or policies through designated channels (manager, Compliance, hotline/email).
  • SAF prohibits retaliation against anyone who reports in good faith or participates in an investigation.
  • All investigations are handled promptly, fairly, and confidentially to the extent possible.

11. Regional Notes (UAE, DIFC/ADGM, Brazil)

  • UAE (Federal): Follow PDPL, anti-corruption and AML/CFT laws, and relevant ICT/cybersecurity regulations.
  • DIFC/ADGM: Observe their data protection regimes and regulator guidance.
  • Brazil (LGPD): Respect lawful bases, data subject rights, DPO responsibilities, and ANPD guidance.
  • Conflicts of law: Apply the stricter standard or the specific free-zone/jurisdiction rule, as applicable.

12. Acknowledgment

All employees and business partners must read, understand, and follow this Code. Managers are responsible for promoting a culture of ethics and ensuring that teams receive regular training.

Contact (Compliance)
This email address is being protected from spambots. You need JavaScript enabled to view it.
Anonymous Speak-Up
Provided via internal hotline/email (see internal portal)
By continuing employment or cooperation with SAF, you acknowledge your ongoing obligation to comply with this Code and related policies.
Document owner: Compliance Review cycle: Annual or upon regulatory change Supersedes prior Codes