At Samsung Electronics, compliance with laws and
ethical standards is a top priority business principle.
We strive to conduct our business in compliance with laws and ethical standards to fulfill our social responsibilities and build a sound corporate culture that is fair and transparent.
“We foster a culture deeply rooted in compliance through continuous review and active practice.”
- Jungho Park, Chief Compliance Officer (CCO)
Operating whistleblowing channels and investigating
Conducting audits
Responding to issues
Prevention
- Providing policies and guidelines
- Conducting employee training
- Identifying regulatory trends
- Responding to inquiries
Response
- Analyzing and assessing results
- Establishing recurrence prevention measures
- Taking appropriate actions for violations
Monitoring
- Operating whistleblowing channels and investigating
- Conducting audits
- Responding to issues
Strengthening a Culture of Compliance
A review process built to ensure the prevention of corruption
A variety of efforts to increase compliance awareness
Samsung Compliance Committee
An external independent committee to monitor compliance
The Samsung Compliance Committee was launched on February 5, 2020 under the aim of practicing integrity-based management, which is one of our key values, by reinforcing compliance monitoring and control over the seven major member companies* of the Samsung Group.
It comprises six external members, including the chair and one internal member. Chanhee Lee, a former president of the Korean Bar Association, is currently serving as the second chairperson following the first chairperson, Ji-hyung Kim, a former justice of the Supreme Court of Korea. The Committee's external members are selected from experts equipped with knowledge and experience in diverse fields including law, accounting, economy and public administration.
*Samsung Electronics, Samsung C&T, Samsung SDI, Samsung Electro-Mechanics, Samsung SDS, Samsung Life Insurance and Samsung Fire & Marine Insurance
