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Tambourine Innovation Ventures
Code Of Ethics And Business Conduct

1. 

Introduction

This CODE OF ETHICS AND BUSINESS CONDUCT of Tambourine Innovation Ventures serves as our ethical commitment and guide to proper business conduct for all of our stakeholders. We, at Tambourine Innovation Ventures  are committed to doing business legally, ethically and in a transparent manner.

This document applies to all staff who work for Tambourine Innovation Ventures  (including officers, directors, managers, team leaders, employees, temporary employees, agencies,, interns,, sub-contractors and consultants), and also includes all organizations who do business with us.

Tambourine Innovation Ventures  expects its staff to be impartial and honest in all affairs relating to their job. All staff bear the responsibility to conduct themselves in good faith and refrain from taking any action to undermine the trust required for employment.

 

The success of our business is based on the trust we earn from our employees, customers and shareholders. We gain credibility by adhering to our commitment to fairness and through reaching our goals solely through ethical conduct. All staff are expected to adhere to this Code in their professional, as well as personal lives, and are expected to treat everyone with respect, honesty and fairness.

Tambourine Innovation Ventures is always available to answer any questions relating to our code, and it does not tolerate punishment or retaliation against anybody who reports misconduct in good faith.

 

Managers and officers are more accountable for demonstrating the importance of this Code through their actions. Every ethical query or issue should be promptly  addressed by management. Employees must assist investigators in cases of suspected or actual misbehavior.

 

Non-compliance to this Code is considered misconduct and could warrant disciplinary action, including termination of employment.

 

We are committed to making efforts to apply our values and norms throughout the entire value chain which includes our suppliers, sub-contractors, service providers and business partners.

2.2

Ethical Principles and Values

Our core values at Tambourine Innovation Ventures  are:

Honesty, Integrity, Trustworthiness, Respect for others, Responsibility Accountability, Reliability, and Obedience to the law.

2.3

Ethical Decision-making

An ethical person makes decisions based on their values. Identification of circumstances that might be unethical, inappropriate, or unlawful can be aided by asking a few crucial questions. Ask yourself:

  • Is what I am doing legal? 

  • Does it reflect our company values and ethics?

  • Does it comply with company rules/policies? 

  • Does it respect the rights of others? 

  • How would it look if it made news headlines?

  •  Am I being loyal to my family, my company, and myself? 

  • Is this the right thing to do? 

  • Have I been asked to misrepresent information or deviate from normal procedure?

2.4

Compliance with laws and regulations

Our dedication to integrity starts with adherence to the relevant laws, rules, and regulations. We are aware of and abide by the regulations and corporate standards set by law.

We pledge to uphold the terms of every legally-binding contract we enter.

Our employees are obligated to uphold compliance with all applicable laws, rules, and regulations, including this Code.

2.5

Sustainability: People + Profit + Planet

We are dedicated to addressing present demands without compromising those of coming generations. In our operations and commercial decisions, we consider economic, environmental, and social factors.

2.6

Human rights

We pledge to uphold the rights and human dignity of every person and community we come into contact with during the course of work.  In no manner shall we permit or participate in the violation of human rights. Everyone will be treated with respect, care, and decency by our employees, who will also promote human rights.

2.7

Fair labor practices and working conditions

In accordance with existing legislation, we are dedicated to promoting equality in our hiring operations and to fair employment and compensation policies. We vehemently reject using or hiring any kind of bonded, coerced, or compelled labor. We strongly oppose any illegal, unfair, or immoral labor practices, including holding back salaries and "grey" work, that exploit workers, undermine social security, or are used to evade taxes.  Our employees are expected to behave with integrity and show complete respect for their colleagues and teammates. 

2.8

Discrimination and harassment

We offer equal opportunity for employment and do not tolerate any forms of abuse, including harassment and discrimination. No one shall be subject to direct or indirect discrimination on the basis of any characteristic or circumstance that is irrelevant to employment, including but not limited to gender, marital status, age, race, national origin, color, religion, or political opinion, disability, sexual orientation, employee representation, property, birthplace, or other status. It is forbidden to engage in any form of victimization, bullying, or discrimination.

2.9

Health, Safety and Environment

We are committed to maintaining a healthy work environment and we offer clean, safe, and healthy working conditions. We are dedicated to minimizing the negative impacts of our operations on the environment. We work to limit our consumption of finite resources.  Every law, rule, and regulation pertaining to health, safety, and environmental protection must always be followed and complied with by all employees.o include relevant skills, accomplishments, and milestones gained. Don’t forget to adjust the timeframe in the subtitle.

2.10

Fair competition and business conduct5

Our commercial partnerships are based on trust and mutual benefit that is compliant with the laws regulating fair competition. Since we offer services based on quality and competitive pricing we are committed to ethical and fair competition. We will not illegally collaborate or coordinate our efforts with other businesses; instead, we will make separate pricing and marketing decisions. We won't engage in or support illegal boycotts of certain clients, nor will we offer or request improper payments or gratuities. We pledge to abide by all applicable import-export embargoes, sanctions, and trade regulations.

We refrain from engaging in conduct that undermines the credibility of competitors as well as the reputations of any business partners.

 We do not intentionally withhold payments from our partners, nor do we permit such behavior in our supply chain. We also oppose the unethical "debt chain" approach.

As part of their duties, our staff members are expected to uphold all competition, consumer protection, and fair marketing laws. Customers and business partners must be treated fairly and equally, and services must be advertised in a way that is truthful and accurate and reveals all pertinent facts.

2.11

Anti-corruption

We firmly condemn all forms of corruption. Offering, promising, providing, requesting, soliciting, or accepting any unfair advantage or benefit in order to obtain, keep, or otherwise facilitate the business is banned, whether directly or indirectly. An unfair advantage or benefit may include cash, any cash equivalent (e.g. voucher), gift, credit, discount, travel, personal advantage, accommodation or services.. Payments made to public authorities or private companies in order to secure or expedite routine actions are not permitted. Corruption also includes the improper use of a position or function, such as when a person gives the impression that they are improperly influencing a decision-maker.

 

Corruption is considered gross misconduct when used to obtain or retain business, or to obtain or retain an advantage in the conduct of business. Accepting or permitting another person to accept a bribe is also considered gross misconduct. Our employees must account for all business benefits received and must not give or receive bribes or otherwise engage in corrupt activities.

2.12

Gifts and Hospitality

TIV will take no actions that give the impression that favorable treatment was sought, received, or given in exchange for personal gain.

Gifts, gratuities, meals, refreshments, entertainment, or other advantages from people or companies with whom we do or may do business are examples of business courtesies or benefits. TIV will not provide or accept benefits that constitute, or could reasonably be perceived as constituting, unfair business inducements that would violate law, regulation, or policies, or cause embarrassment. Our employees may never use personal funds or resources to accomplish something that cannot be accomplished with our resources.

TIV may accept and offer customary and reasonably ethical gifts and hospitality, provided they are not inappropriately excessive, not frequent and do not reflect a pattern of frequent acceptance, and do not create the appearance of an attempt to influence business decisions. Only insignificant, low-value gifts will be accepted. All other gifts must be politely declined or, if received via postal service, returned to the donor. If a return is not possible, it will be donated to charity or used for community purposes. It is the person offering, providing, receiving, or accepting the gift's responsibility to determine whether the gift is appropriate.

2.13

Security, protection and proper use of company assets

We are accountable for the security, protection, and efficient use of company resources. Our resources, such as time, materials, equipment, and information, are only available for legitimate business purposes. Occasional personal use is permitted as long as it is legal, does not impair job performance, and does not disrupt workplace morale.

All employees are required to follow appropriate security measures and to treat company property, whether material or intangible, with respect, and not to misuse or use company assets carelessly.

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2.14

Confidentiality, information security, proprietary information and intellectual property

We are committed to the confidentiality, integrity, and accessibility of business information; we implement appropriate technical security measures; and it is our staff's responsibility to uphold this. All non-public information that could be harmful to the company or its customers or business partners if disclosed to unauthorized parties is considered proprietary information. Any such information must be kept secret by all employees. It also states that no one may trade in securities while in possession of non-public information or deliver non-public information to others that may have an impact on the securities. Every rule governing information security must be strictly adhered to at all times.
 

We respect other people's property rights. We will not obtain or seek to obtain trade secrets or other proprietary or confidential information through unethical means. We will not engage in the unauthorized use, copying, distribution or alteration of software or other protected intellectual property.

2.15

Bookkeeping, true reporting and financial integrity

Our books, records, accounts, and financial statements must be kept in adequate detail and must accurately and completely reflect our transactions. We condemn all forms of money laundering and are committed to doing business with partners who are engaged in legitimate business activities and have funds derived from legitimate sources.
 

We commit to fair taxation and the avoidance of all tax evasion practices, such as failing to issue receipts or accounting for false expense invoices.
 

All employees must adhere to accounting procedures, ensure that business transactions are properly recorded and documented, and ensure that all disclosures made in financial reports are complete, honest, accurate, timely, and understandable. Any audit must not be improperly influenced, manipulated, or misled by any staff member.

2.16

Anti-Fraud

Fraud, defined as the act or intent to cheat, steal, deceive, or lie, is unethical and, in most cases, illegal. False expense reports, forging or altering financial documents or certifications, misappropriating assets or misusing company property, and making any untrue financial or non-financial entry on records or statements are all prohibited.

2.17

Conflict of Interests

Our decisions will be based on objective and fair assessments, that avoid improper influence. A "conflict of interest" exists when an employee's personal interest (which can be linked to friends, family, or a customer, competitor, supplier, or contractor entity) interferes or potentially interferes with Tambourine Innovation Ventures' best interests. Determining whether a conflict of interest exists is not always easy, so anyone who has a conflict of interest question should seek management advice.
 

Conflicts of interest could include:

  • Being employed (you or a close family member) by, or having an economic relationship with, an actual or potential customer, competitor, supplier, or contractor.

  • Hiring or supervising family members or people who are closely related to you.

  • Serving on the board of another company or organization.

  • Owning or controlling a significant stake in a customer, competitor, supplier, or contractor.

  • Having a personal stake, financial stake, or potential personal gain in any business transaction.

 

If coworkers engage in personal relationships with one another, it is the senior employee's responsibility to bring this to the attention of his or her manager and confirm that there is no conflict of interest and that one will not arise.

2.18

Privacy, personal data protection

We respect people's privacy and recognize that customers, employees, and other natural persons need to know that their personal data is being processed appropriately and for a legitimate business purpose. We are dedicated to adhering to all personal data protection laws. We only collect and retain necessary personal information, and we provide data owners with accurate information about these activities. To ensure the confidentiality, integrity, and availability of personal information, we implement appropriate security measures.

To ensure the legality of personal data handling and processing activities, our employees must adhere to legal requirements, use compliant practices, and follow related procedures.

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