Roles and Authority
Material commercial commitments should be made by authorized persons and supported by appropriate internal and contractual approvals.
Records and Audit Trail
Key communications, approvals, offers, contracts, inspection documents and payment records should be retained in an organized manner proportionate to the transaction.
Conflicts of Interest
Actual or potential conflicts that may affect objective judgment should be disclosed and appropriately managed before a decision or appointment.
Confidentiality
Commercially sensitive and personal information should be accessed and shared only for legitimate business purposes and subject to applicable obligations.
Accuracy of Communications
Company communications should avoid unsupported claims, misleading descriptions and unverified statements about products, counterparties or transaction status.
Review and Oversight
Material deviations, disputes and control concerns should be escalated for review and corrective action as appropriate.
These principles are general corporate statements and do not replace transaction-specific legal, compliance, technical or contractual advice.