WYN2000Group of Companies, namely WYN2000 Transport & Container Services & WYN2000 Logistics Pte Ltd (hereafter jointly referred to as WYN2000) are committed to complying with all applicable export, import, and trade compliance laws in all countries in which WYN2000 do business. These laws include customs and product/country of origin marking laws. In conducting business across borders, employees must be aware of and follow these laws and WYN2000’s trade compliance policies and standards.

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PURPOSE

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WYN2000is a group of Singapore companies that help clients to handle import &export around the world. WYN2000 customers’ products move regularly among countries in transhipment. This Principle helps ensure that WYN2000 complies with all import and trade compliance laws in all of its business activities. We are committed to the implementation, maintenance and continuous improvement of a robust trade compliance policy which integrates compliance activities into our business processes.

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This Principle applies to all employees and may apply to those acting on behalf of WYN2000 Group of Companies.

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ADDITIONAL GUIDANCE

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Trade Control Laws Generally

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• FollowWYN2000 trade compliance policies and standards.

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Export Control Laws

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• Comply with all applicable export control laws and regulations of the countries in which WYN2000 conducts business.
• Comply with all conditions, restrictions, reporting and classification requirements of export licenses.
• Follow all applicable local country export reporting laws and regulations for all transfers of goods.
• When establishing new suppliers, partners, brokers, agents, financial institutions, freight forwarders and customers, a “restricted party review” should be conducted to ensure WYN2000 is not interacting with money-launders, terrorists, drug dealers or export control violators.

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Importation, Country of Origin and Marking Laws

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• Follow all applicable Singapore customs and import laws and regulations.
• Instruct and work with suppliers to provide accurate trade compliance data and documentation.
• Establish required cargo security controls at all applicable facilities that ship or receive products internationally and instruct international suppliers to also establish security controls.
• Direct all correspondence with local Customs authorities through Financial Controller and Operations Manager.
• Do not provide inaccurate, incomplete or unsubstantiated invoice or import documentation, including those related to product description, classification, valuation, country of origin or quantity.
• Report to management all amendments to Customs declarations for pricing adjustments, indirect payments, or credits received.

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PENALTIES

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Failure to comply with export, import, and trade compliance laws could lead to criminal and civil penalties forWYN2000 and for you personally, significant business disruptions, and harm toWYN2000’s reputation. Violations of WYN2000’s Code of Conduct will result in facing disciplinary action, including termination from employment.

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