ANTI-TRUST NOTICE 

Undertaking by Asian Tigers

Asian Tigers (The Company) commits to legal and ethical behaviour, and to refrain from engaging in any business that will harm the interests of FIDI, other affiliates, clients, or the industry. FIDI and its Affiliates will take steps to ensure we are fully informed of applicable Anti-Trust laws and regulations in connection with cartel conduct and other Anti-Trust violations, and will monitor our employees and business partners to ensure full and continual compliance.

Legal compliance

Asian Tigers (The Company) will ensure that we are aware of all applicable laws and regulations covering
anticompetitive practices in all our jurisdictions in which we operate, and that we will obey and uphold those laws and regulations.

The Company will ensure that we are aware of, and are complying with, applicable laws and regulations in connection with cartels.

Ethical behaviour

As a demonstration of our commitment, the Company pledges to take a zero tolerance approach to cartel conduct.

At all times, the Company will act professionally, fairly and with the utmost integrity in all business dealings and relationships. This will apply wherever we operate.

Commitment to the values of FIDI

This Anti-Trust Charter is formally integrated into the FAIM quality standard.

Code of Conduct

The Company undertakes to:

  1. Never make direct or indirect (via third parties including agents, suppliers or customers) contact with an actual or potential competitor or other third party, the object of which is to engage in cartel behaviour.
  2. Never propose or reach an agreement, whether directly or indirectly, formally or informally, with actual or potential competitors, regarding any sensitive competition-related issues, including a) fixing prices, b) dividing or sharing markets, customers or territories and c) rigging a competitive bidding process
  3. Report any indication or initiative of improper anticompetitive business conduct by an actual or potential competitor in accordance to your internal reporting procedure, including but not limited to, reporting to your legal department and/or to the relevant Anti-Trust authorities.
  4. Not to participate in a meeting of a trade association in which sensitive competition-related issues are discussed. If such subjects are raised during a meeting, employees of FIDI Affiliates must immediately ask for the discussion to end. If not, they must leave the meeting and ask for that to be noted in the minutes of the meeting.
  5. Ensure that all internal and external correspondence, including e-mails and texts, and documents, discussions and public statements do not contain any statements that might be misinterpreted by third parties or Anti-Trust authorities and courts in the context of a potential Anti-Trust investigation.
  6. Maintain independent judgment in pricing or selling of any products and/or services.
  7. Limit any information discussed during commercial negotiations, with or disclosed to competitors or other third parties, to that which is strictly necessary for completing or assessing the transaction.

ATC stands for Anti-Trust Charter

FIDI stands for Federation of International Furniture Removers

By agreeing and committing to this Charter, we undertake to:

  1. Never propose or reach an agreement, whether directly or indirectly, formally or informally, with actual or potential competitors, regarding any sensitive competition-related issues, including:
  2. Report any indication or initiative of improper anticompetitive business conduct by an actual or potential competitor in accordance to your internal reporting procedure, including but not limited to, reporting to your legal department and/or to the relevant Anti-Trust authorities.
  3. Not to participate in a meeting of a trade association in which sensitive competition-related issues are discussed. If such subjects are raised during a meeting, employees of FIDI Affiliates must immediately ask for the discussion to end. If not, they must leave the meeting and ask for that to be noted in the minutes of the meeting.
  4. Ensure that all internal and external correspondence, including e-mails and texts, and documents, discussions and public statements do not contain any statements that might be misinterpreted by third parties or Anti-Trust authorities and courts in the context of a potential Anti-Trust investigation.
  5. Maintain independent judgment in pricing or selling of any products and/or services.
  6. Limit any information discussed during commercial negotiations, with or disclosed to competitors or other third parties, to that which is strictly necessary for completing or assessing the transaction.

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