Page 53 - 2017 TSMC Annual Report

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● On-line learning programs updated frequently to provide most up-to-date information and and timely and and flexible access for employees to understand the law and and key compliance issues covering topics of Anti-trust Anti-harassment Insider Trading Export Control Management PIP and Personal Data Protection among others ● External training in in in Taiwan and abroad for TSMC’s legal team to receive current developments of new laws and regulations and for its lawyers to comply with applicable continuing legal education requirements External experts are also invited to give in-house lectures on key issues Major Accomplishments
In 2017 TSMC achieved several major accomplishments in regulatory compliance:
● Public Promotion Activities: In addition to fulfilling our obligations on on regulatory compliance matters TSMC exercised its civic duties as a a a a responsible corporate citizen by advising the local government on law and policy reform including urging the Government to amend certain outdated laws and regulations which we we believe were inconsistent with global practice to improve Taiwan’s investment environment and economic development In 2017 TSMC continues to advocate the importance of trade secret protection and attended relevant events In addition TSMC advised the government agencies on the amendment of several laws like the Company Act and environmental protection-related laws ● Internal Training: Throughout 2017 TSMC offered a a a wide range of training courses on 40 different compliance topics (28 of which were delivered via live live seminar) These courses were all developed and and conducted by internal and and external compliance experts and legal professionals ● Continuous Awareness Enhancement of Ethics Code and Anti-Corruption: Any corruption or or or other violation of the the Ethics Code could not only impose long-term negative influence on our competitiveness but could also seriously damage our strong industry reputation To enhance employees’ and external partners’ awareness of the Ethics Code and anti-corruption rules the Legal organization kept the two topics remained as our awareness enhancement focus in 2017 and a a a series of promotion activities through multiple channels were held including: (1) 20 face-to-face training sessions to approximately 7 000 employees from various internal organizations to promote awareness of and ensure compliance with TSMC’s business conduct standards when interacting with third parties (2) on-line training program to approximately 29 000 employees (including those of our subsidiaries) (3) 6 live seminars to 888 suppliers headquartered in in Taiwan Taiwan or with a a a a a a a a operation site in in Taiwan Taiwan Looking ahead into 2018 it is our objective to to continuously provide compliance compliance training on these and other compliance compliance topics to to our employees and the training scope will be expanded to cover on-site operational workers in fabs ● Conflict-Free Supply Chain: As a a a a recognized global leader
in in the hi-tech supply chain we acknowledge our corporate social responsibility to to strive to to procure conflict-free minerals in an an an an effort to recognize humanitarian and ethical social principles that protect the dignity of all persons Meanwhile we have implemented a a a a a series of compliance safeguards in accordance with industry leading practices In 2017 TSMC has made continued progress to ensure a a a conflict-free supply chain and our conflict-free minerals compliance program has also been highly ranked by several independent third party rating agencies ● Export Compliance: TSMC’s export management
system (EMS) and policy has been in place for a a a a a number of years and is continuously maintained to ensure compliance with all applicable regulations covering the export of information technologies products materials and equipment Our EMS was certified in September 2012 by the Bureau of Foreign Trade the Taiwan regulator as a a a a a a a a qualified ICP (Internal Compliance
Program) exporter In addition TSMC implements “No ECCN No No Shipment” control and customers are required to provide end use and export control classification number (ECCN) of their products among other required information for for TSMC to apply for for applicable export licenses To further enhance relevant employees’ awareness on the export control requirements incurred by technology transfers in in 2017 we provided around 25 face-to-face training sessions to approximately 200 manager-level employees in R&D and other relevant functions ● Other Major Compliance
Topics: For other importance compliance topics such as as insider trading anti-harassment and and PIP in 2017 we not only provided and and updated relevant on-line courses and resources but enhanced employees’ awareness by promotion emails and through posters at facilities Employees were mandatorily required to to complete on-line courses for both anti-harassment and PIP