Home / ESG / Legal Compliance

Legal Compliance

Legal compliance is the fundamental duty of corporate citizens, while the proactive understanding of regulatory changes in a bid to make the necessary adjustments is the embodiment of corporate social responsibility. RichWave upholds a rigorous attitude of honesty and integrity to interact with our stakeholders; to ensure legal compliance, the company has established a legal affairs unit responsible for reviewing the legality of our contacts, and various units have also appointed colleagues to monitor and follow domestic/foreign policies and regulations that have a potential impact on the company’s business and finance, such as the Company Act, Patent Act, Occupational Safety and Health Act, and Labor Standards Act. Moreover, changes to the laws and regulations are reported to the supervisor followed by internal regulation adjustments to ensure the company’s operations are in compliance with the law. In addition, RichWave holds a long-term partnership with professional teams from law firms to study high-risk topics, and an external legal education and training course is held annually to strengthen the legal competency of the company’s management team. In 2022, there was one violation of the Labor Standards Law in which RichWave imposed a fine of NT$100,000 for missing payment to a labor who worked overtime, and the improvement was made by the end of the year. For the rest of the year, there were no violations of environmental laws and regulations, health and safety laws and regulations on products and services, information and representations on products and services, laws and regulations on marketing and communications( including advertising, promotion and sponsorship), and anti- competitive practices.

 

 

QUICK SEARCH

Lost your password? Please enter your email address. You will receive a link to create a new password.

Error message here!

Back to log-in

Close