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WE DO WHAT'S RIGHT

WE ALWAYS DO THE RIGHT THING FOR OUR CUSTOMERS, OUR PARTNERS, OUR INDUSTRY, AND OURSELVES.

Trade Compliance

Trade laws can be complicated, and they often change, so seek guidance if you have any questions, and review our policy. Failure to successfully navigate trade laws can result in severe penalties, such as adverse publicity, delay or seizure of shipments, loss of import and export privileges, and/or civil and criminal penalties.


OUR CODE DEFINED:
"Money laundering" is an attempt to mask the proceeds of criminal activity as legitimate business revenues.

No. U.S. law prohibits any Company-owned or -controlled entity from conducting business with entities or individuals associated with sanctioned countries or parties, even if the transaction is routed through a third-party or neutral country. It is critical to avoid any potential violations of trade laws. If you observe any suspicious changes or behaviors, immediately contact Global Compliance and Trade Compliance for guidance. Continuing business without addressing this concern could expose the Company to serious legal and financial risks.

A lab technician in gloves operates a precision scale with a measuring cylinder and tubing, surrounded by test tubes in a blue container.

Global trade is also highly susceptible to money laundering. When conducting international transactions, maintain complete and accurate records and be on the lookout for suspicious requests such as:

  • Sending payments to personal accounts rather than business accounts
  • Conducting transactions through third parties with no logical connection to our business or supply chain
  • Altering records or doing things "off the books"