Noah abides by high-level self-discipline, aligned with international sustainability standards and specifications, regarding integrity and ethics, providing an inclusive mechanism encouraging each employee to establish his/her own valid sustainability philosophy, and embedding corporate social responsibility in daily business operations, and appropriate philosophy and action into the genes of our corporate culture, thereby delivering sustainable value to all stakeholders. Noah actively advocates a corporate culture of decency and integrity, strictly and persistently abiding by the laws, regulations and regulatory requirements governing public companies, and conscious that reputation and integrity are our upmost valuable assets.
Combating Corruption and Bribery
To ensure that all Noah employees fully understand and abide these policies, Noah has developed and regularly updates the Company’s Compliance Manual, and Measures for the Control of Operational Risk Incidents. These policy manuals include explanation of key points relevant to the design of Noah’s management system, guidelines concerning commercial corruption, and measures for consequences of violations. In 2012, Noah released an online version of the Compliance Manual on Noah Home; Company's intranet, incorporating mandatory training annually. This ensure every employee understand the importance of its content by readingand passing the test. In addition, we have also enhanced dissemination of and testing on our commercial corruption prevention policy.
In addition, we will continue to improve mechanisms for commercial corruption prevention training, design online content to facilitate such training for all employees, and upload training videos to the Noah University platform, available for employee access at any time.
In 2020, we continue to require all employees study these mandatory training videos, and in order to reinforce and guarantee employee assessment, the Noah University platform will conduct online assessments of all employees’ understanding of commercial corruption prevention. In 2019, there were no incidents of Noah being punished by authorities due to corruption, bribery, and other related violations; nor did any antitrust or anticompetitive behavior-related incidents occur.
Code of Conduct
As Noah organization continues to thrive, the subcultures of respective teams, rooted in the Company’s core values, have gradually become increasingly important forces. We are certain that a decent, upstanding team subculture also serves as an important driver of sustainability. Only with all fulfilling their specific roles with decency and integrity can Noah’s corporate journey reach its ultimate destinations. For this reason, we continue to pay extraordinary attention to the honesty of conduct and discretion of all Noah employees, and have developed the Noah Holdings Employee Manual, which contains the highest-level guidance for Noah employees worldwide when offering business services. All employees of Noah Group and its subsidiaries and branches, regardless of their position, title, and location, are required to abide by this code of conduct, which prevails over any local regulation unless its provisions conflict with the legislation of the government of the country in which the Company is operating. Noah Human Capital Center presents this employee code of conduct is part of every new employee’s induction dayand during relevant onboarding training. We also provide annual training to all employees via online including Noah Home, and keep employees informed of relevant cases by email in order to raise awareness of this issue. We strictly forbid abuse of power, and misbehaviors of any form, including bribery, corruption, and deception among our employees. Under this effective control mechanism, no incidents of Code of Conduct violation occurred at Noah in2019.
Relevant Management Policies
Noah abides by high-level self-discipline, aligned with international sustainability standards and specifications, regarding integrity and ethics, providing an inclusive mechanism encouraging each employee to establish his/her own valid sustainability philosophy, and embedding corporate social responsibility in daily business operations, and appropriate philosophy and action into the genes of our corporate culture, thereby delivering sustainable value to all stakeholders. Noah actively advocates a corporate culture of decency and integrity, strictly and persistently abiding by the laws, regulations and regulatory requirements governing public companies, and conscious that reputation and integrity are our upmost valuable assets.
Combating Corruption and Bribery
To ensure that all Noah employees fully understand and abide these policies, Noah has developed and regularly updates the Company’s Compliance Manual, and Measures for the Control of Operational Risk Incidents. These policy manuals include explanation of key points relevant to the design of Noah’s management system, guidelines concerning commercial corruption, and measures for consequences of violations. In 2012, Noah released an online version of the Compliance Manual on Noah Home; Company's intranet, incorporating mandatory training annually. This ensure every employee understand the importance of its content by readingand passing the test. In addition, we have also enhanced dissemination of and testing on our commercial corruption prevention policy.
In addition, we will continue to improve mechanisms for commercial corruption prevention training, design online content to facilitate such training for all employees, and upload training videos to the Noah University platform, available for employee access at any time.
In 2020, we continue to require all employees study these mandatory training videos, and in order to reinforce and guarantee employee assessment, the Noah University platform will conduct online assessments of all employees’ understanding of commercial corruption prevention. In 2019, there were no incidents of Noah being punished by authorities due to corruption, bribery, and other related violations; nor did any antitrust or anticompetitive behavior-related incidents occur.
Code of Conduct
As Noah organization continues to thrive, the subcultures of respective teams, rooted in the Company’s core values, have gradually become increasingly important forces. We are certain that a decent, upstanding team subculture also serves as an important driver of sustainability. Only with all fulfilling their specific roles with decency and integrity can Noah’s corporate journey reach its ultimate destinations. For this reason, we continue to pay extraordinary attention to the honesty of conduct and discretion of all Noah employees, and have developed the Noah Holdings Employee Manual, which contains the highest-level guidance for Noah employees worldwide when offering business services. All employees of Noah Group and its subsidiaries and branches, regardless of their position, title, and location, are required to abide by this code of conduct, which prevails over any local regulation unless its provisions conflict with the legislation of the government of the country in which the Company is operating. Noah Human Capital Center presents this employee code of conduct is part of every new employee’s induction dayand during relevant onboarding training. We also provide annual training to all employees via online including Noah Home, and keep employees informed of relevant cases by email in order to raise awareness of this issue. We strictly forbid abuse of power, and misbehaviors of any form, including bribery, corruption, and deception among our employees. Under this effective control mechanism, no incidents of Code of Conduct violation occurred at Noah in2019.
Relevant Management Policies
Noah Holdings Code of Business Conduct and Ethics