Compliance with Laws and Regulations Policy

Last Updated: 06/11/2024

This Compliance with Laws and Regulations Policy outlines Humbingo Consultancy Services LLP’s commitment to conducting its operations in compliance with all applicable laws, rules, and regulations. It is essential that all employees, contractors, and affiliates understand the importance of adhering to these legal standards in the execution of their duties and responsibilities.

1. Purpose

The purpose of this policy is to ensure that Humbingo Consultancy Services LLP complies with all relevant laws and regulations governing its operations, products, and services. This policy applies to all employees, contractors, vendors, and third-party affiliates who are engaged in business activities on behalf of Humbingo Consultancy Services LLP.

2. Scope

This policy applies to all aspects of the business, including but not limited to:

  • Business operations
  • Product development
  • Services provided
  • Marketing and advertising
  • Employee conduct
  • Data handling and privacy

3. Compliance with Local, State, and National Laws

Humbingo Consultancy Services LLP is committed to full compliance with the laws and regulations applicable in the jurisdiction(s) in which it operates, including:

  • Labor laws
  • Environmental regulations
  • Health and safety laws
  • Data protection and privacy laws
  • Consumer protection laws
  • Intellectual property laws
  • Tax laws
  • Advertising and marketing regulations
  • Financial reporting and corporate governance laws

4. Industry-Specific Regulations

Humbingo Consultancy Services LLP also ensures compliance with industry-specific regulations, standards, and certifications, which may include:

  • ISO standards
  • GDPR (General Data Protection Regulation)
  • PCI-DSS (Payment Card Industry Data Security Standard)
  • HIPAA (Health Insurance Portability and Accountability Act)
  • SOC 2 (System and Organization Controls)
  • Advertising standards
  • E-commerce regulations

Any changes or updates to such industry-specific regulations will be carefully reviewed, and steps will be taken to ensure that the company remains compliant.

5. Anti-Corruption and Anti-Bribery

Humbingo Consultancy Services LLP is committed to maintaining the highest ethical standards in business dealings. We have a zero-tolerance policy towards bribery, corruption, or any unlawful activity that may influence or interfere with business operations. Employees and affiliates must not engage in:

  • Offering, giving, or accepting bribes
  • Engaging in kickbacks or fraudulent activities
  • Making illicit payments in exchange for business or favors

Any violation of this policy will be subject to immediate disciplinary action, including termination and legal action if necessary.

6. Reporting and Accountability

6.1. Reporting Violations

Employees, contractors, and other stakeholders are encouraged to report any concerns or potential violations of laws, regulations, or company policies. Violations can be reported through:

  • Direct reporting to a manager or compliance officer
  • Anonymous reporting via a whistleblower hotline (if applicable)
  • Email to [email protected]

Reports of violations will be taken seriously and investigated promptly, and whistleblowers will be protected from retaliation.

6.2. Employee Training

Humbingo Consultancy Services LLP provides regular training to all employees on relevant laws and regulations, ethical business practices, and compliance requirements. Employees are required to complete compliance training periodically and acknowledge their understanding of their responsibilities under this policy.

7. Due Diligence

Humbingo Consultancy Services LLP conducts regular due diligence processes to ensure that third parties, such as vendors, suppliers, and partners, comply with applicable laws and regulations. This includes:

  • Reviewing legal and regulatory compliance during the vendor selection process
  • Ensuring that third parties follow applicable anti-corruption, labor, and environmental standards
  • Monitoring ongoing compliance through audits and periodic reviews

8. Consequences of Non-Compliance

Failure to comply with this policy may result in disciplinary actions, including:

  • Verbal or written warnings
  • Suspension or termination of employment or contract
  • Legal action, including civil or criminal penalties
  • Termination of relationships with non-compliant third parties

Humbingo Consultancy Services LLP will take appropriate steps to address any non-compliance and may involve law enforcement or regulatory bodies if required.

9. Legal and Regulatory Changes

Humbingo Consultancy Services LLP regularly monitors changes in laws, regulations, and industry standards to ensure that it remains compliant with current legal requirements. We will update this policy as needed to reflect any changes and notify relevant stakeholders of these updates.

10. Amendments to this Policy

Humbingo Consultancy Services LLP reserves the right to modify this Compliance with Laws and Regulations Policy at any time. Any changes will be communicated to employees, contractors, and relevant parties, and will be posted on the company’s website or distributed through internal channels.

11. Contact Information

For any questions or concerns regarding this policy, please contact:

Humbingo Consultancy Services LLP
Email:[email protected]
Phone: +91 79904-85443
Address: Humbingo Consultancy Services LLP, 108, Krishna Aaron, New Rajmarg Road, Opp. Sanket India, Patel Chokdi, Vivekanand Wadi, Anand, Gujarat 388001