malomatia Receives TRACE Intermediary Membership
As part of its steadfast commitment towards transparent and ethical local, regional and international commercial transactions, leading Qatari Technology Solutions Provider, malomatia,has acquired a TRACE Intermediary Membership.
TRACE is an internationally recognized non-profit membership association that pools resources to provide practical and cost-effective anti-bribery compliance solutions for multinational companies and their commercial intermediaries (sales agents and representatives, consultants, distributors, suppliers, etc.)
To gain membership, malomatia has adopted a code of conduct, completed an anti-bribery training course and will be updating its due diligence information annually.
Amongst many other benefits, its membership provides malomatia with country-specific gifts and hospitality guidelines, model compliance policies and procedures, best practices research, anti-bribery training programs and an annual forum for in-house counsel and anti-bribery workshops.
The membership follows TRACE’s Standard due diligence review of malomatia , indicating the Company’s continued commitment to transparent business practices — Enabling malomatia to become an ideal business partner for entities across the globe that eagerly seek a partner emphasizing on business ethics and strictly adhering to anti-bribery compliance obligations.
Commenting on the membership, Hussain Salatt, Director, Marketing & Alliances informed, “As a company deeply rooted in Qatari values and ethics, honest business conduct is of the utmost importance to us. We, at malomatia , want our business partners, prospective partners and employees to know that we conduct our business in a principled and honorable manner. Therefore, we consider compliance with anti-bribery laws to be more than a legal requirement; it is also a reflection of how malomatia ’s values are embedded”.
