1. Introduction
At Federa, we believe in maintaining a robust framework of operations that ensures not only our growth but also our commitment to ethical and legal standards. With the diverse business interactions that Federa manages daily, it is of paramount importance that our partners, agents, and brokers understand and adhere to our guidelines on compliance violations and potential liabilities.
2. Policy Statement
No partner, agent, or broker affiliated with Federa shall take any action based on potential compliance violations or perceived liabilities unless:
a) The action is explicitly mentioned within the Federa knowledgebase.
OR
b) They have documented a comprehensive report detailing the reasons for their actions.
3. Reporting Mechanism
a) If feasible, the aforementioned report should be submitted to the administrative team at
admin@federa.com before taking the proposed action.
b) In cases where the matter is time-sensitive, and immediate action is necessary, the report must be submitted within 24 hours post-action.
4. Consequences of Non-compliance
Failure to adhere to this policy may result in:
a) Exposure of the concerned individual to liabilities from Federa or third parties, which may encompass loss of revenue.
b) Withdrawal of Federa's liability protection for the concerned individual, rendering Federa's commitment to protect the individual null and void in the face of any legal consequences.
5. Conclusion
This policy aims to bolster the ethical and legal foundation of our company. All partners, agents, and brokers are urged to comply with these guidelines to maintain the integrity and reputation of Federa. We appreciate your commitment to the principles that drive our success and remind you that your actions represent the values of our company.
For any queries related to this policy, feel free to reach out to our compliance department or the admin team.