
ETHICS NOTICE
GCF Holdings ("we," "our," or "us") is unwavering in its commitment to upholding the highest standards of ethics, integrity, and compliance in all aspects of its operations. This notice outlines our stance on anti-slavery, anti-bribery, and anti-corruption, ensuring full compliance with applicable laws in Dubai, United Arab Emirates.
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1. Our Commitment to Ethical Practices
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1.1 Anti-Slavery and Human Trafficking
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We are resolutely opposed to all forms of modern slavery, forced labor, and human trafficking. In alignment with the principles of human rights, we ensure that all our business practices, including those of our employees, contractors, and partners, reflect a commitment to fairness, dignity, and lawful operations.
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1.2 Anti-Bribery and Corruption
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GCF Holdings enforces a zero-tolerance policy toward bribery and corruption. No individual acting on behalf of the company may offer, promise, solicit, or accept bribes, whether monetary or otherwise, or engage in any other corrupt practices. This commitment extends to all levels of our operations, including interactions with public officials, private entities, and other third parties.
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2. Compliance with Dubai and UAE Law
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Our activities comply fully with relevant legal frameworks in Dubai and the broader UAE, including but not limited to:
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Federal Law No. 3 of 1987 (UAE Penal Code): Addressing bribery, corruption, and the exploitation of authority.
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Federal Law No. 51 of 2006 and Amendments: Prohibiting human trafficking and providing protective measures for victims.
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Dubai Corporate Governance Directives: Promoting transparency, accountability, and ethical business practices across corporate activities.
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3. Due Diligence and Risk Assessment
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To uphold our ethical commitments, we:
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Conduct regular risk assessments to identify vulnerabilities in our supply chains or operations that could expose us to risks of modern slavery, bribery, or corruption.
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Perform due diligence on all prospective partners, suppliers, and third-party contractors to ensure alignment with our ethical standards.
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Require adherence to ethical codes of conduct through contractual obligations and ongoing monitoring.
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4. Training and Awareness
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We prioritize education and training to foster a culture of compliance and awareness within GCF Holdings. All employees, including senior leadership, are trained on the implications of anti-slavery, anti-bribery, and anti-corruption laws, as well as the importance of adhering to these principles in daily operations.
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5. Our Expectations for Partners and Suppliers
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We require all entities with whom we collaborate to:
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Abide by all applicable legal and regulatory obligations.
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Commit to ethical practices and demonstrate a proactive approach to combating corruption, exploitation, and unethical conduct.
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Permit audits and assessments to ensure ongoing compliance with our standards.
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6. Reporting Mechanisms
We encourage all stakeholders, including employees, partners, and third parties, to report any suspected unethical conduct, including modern slavery, bribery, or corruption. Reports can be submitted through the contact form on our Website or via confidential channels provided internally. All reports will be thoroughly investigated, and whistleblowers will be protected from retaliation.
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7. Continuous Improvement
GCF Holdings is dedicated to continually improving its practices to ensure alignment with evolving legal standards and ethical expectations. We regularly review our policies, conduct internal audits, and adapt our processes to maintain the highest levels of compliance and integrity.
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8. Public Accountability
This notice represents a public commitment to ethical business practices. We invite all stakeholders to hold us accountable to these standards. For further details or to raise concerns, please contact us via the Website’s contact form.
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