CODE OF ETHICS

AIM

It is to prevent possible conflicts of personal interests and interests by determining the ethical rules to be followed in order to ensure that the members elected to the organs of our Exchange and all employees working on behalf of our Exchange act in accordance with the legislation and then the customs and traditions of our Exchange and our society, and to ensure that they can perform and continue their duties without any influence or pressure.

SCOPE

Adana Commodity Exchange ethical rules cover the set of indispensable rules established to increase the efficiency of the Exchange’s employees, members, suppliers and relations with all stakeholders, to increase the quality of service, to use resources effectively, and to regulate relations with employees.

FUNDAMENTAL ETHICAL PRINCIPLES

Adana Commodity Exchange employees act in accordance with the ethical rules in their relations with organ members, suppliers and all stakeholders.

INTEGRITY and RELIABILITY

It aims to be honest, reliable and respectable towards its environment.

RESPECT FOR INTELLECTUAL AND INDUSTRIAL PROPERTY RIGHTS

It respects all intellectual and industrial property rights brought about by intellectual creativity.

CORRECT USE OF RESOURCES

To use all kinds of materials, facilities, service vehicles, equipment and vehicles only in accordance with our planned business purposes and corporate goals, to avoid wasting energy, time and resources.

CONFLICT OF INTEREST

To carry out their duties in accordance with the legislation and Exchange rules, by making impartial assessments and without entering into conflicts of interest, to be careful about all kinds of benefits, financial or other obligations related to them, and similar personal interests to themselves, their relatives, friends or the persons/organizations with which they are in contact.

RESPONSIBILITIES

To act in a sense of duty and responsibility towards the society, to take the necessary decisions in a consistent and timely manner, and to demonstrate the determination to implement them.

EQUALITY of OPPORTUNITY

To provide equality of opportunity to all parties involved in all kinds of assignments, employment and personal development, activities carried out.

POSITIVE APPROACH

To exhibit constructive approaches in attitudes and behaviors.

SECURITY

To take the confidentiality rules regarding corporate and personal information as a basis during the duty and after the end of the duty.

COMMITMENT TO MISSION AND VALUES

To act in a way that will serve the mission and values ​​of Adana Commodity Exchange in all kinds of services and activities.

REPRESENTATION OF THE EXCHANGE

  • Maintaining a high level of knowledge about current laws in all our service units, including our management units, and constantly updating them.
  • To inform our stakeholders about the Law, Regulation and additional legislation that we are obliged to implement.
  • Establishing and implementing internal and external control mechanisms for testing and determining compliance with the law.
  • To make an objective evaluation for the non-compliances that may occur in the implementation of the laws.

LEGAL COMPLIANCE

  • The interests of the commodity exchange are ahead of personal interests,
  • It is not possible to act contrary to the laws, social and institutional traditions inside and outside the Exchange and
  • We have adopted and accepted to be corporate identity oriented by protecting our reputation in individual communication with all institutions and organizations.

MEMBER RELATIONS

  • Reliability,
  • Openness,
  • Honesty,
  • Punctuality,
  • Equality,
  • Prestige.

RELATIONS WITH OFFICIAL AND PRIVATE INSTITUTIONS AND ORGANIZATIONS

  • Conducting all relationships in accordance with applicable laws,
  • Evaluation of the demands of the institutions and the demands of our Exchange from the institutions, taking into account the interests of our members and the public,
  • It is a principle to give timely answers to the information and documents requested by public institutions and organizations.

AWARENESS OF MISSION - COMMUNICATION AND SOLIDARITY IN EXCHANGE

  • Updating the knowledge of all human resources and increasing their professional skills,
  • Ensuring the voluntary participation and support of human resources for the acceptance and continuous development of corporate culture and identity,
  • Ensuring the protection and accessibility of information and documents owned by the institution within the framework of information security rules and information law,
  • All services and information requested from our institution; timely, accurate and with the desired qualifications,
  • To serve with the same sensitivity and voluntariness regardless of the status of our members and other institutions and organizations we serve,
  • Our institution keeps all communication channels open from the top management level to our service units, evaluates all notifications with the same sensitivity at the relevant levels, and provides timely feedback,
  • To be accountable to the institutions responsible for overseeing our institution and to the stakeholders of our institution for all our activities,
  • Reinforcing and sustaining our reliability by applying all our ethical rules at the level of consciousness in all our units and explaining these practices to all our stakeholders with appropriate instruments.

UNTHETHIC BEHAVIOR

  • Abuse of power and authority,
  • Mixing politics,
  • Embezzlement, bribery, making false statements,
  • Providing personal benefit,
  • Discrimination, favoritism, threats, abuse, selfishness, corruption, insults and swearing,
  • Psychological and physical abuse,
  • Applying pressure etc. behavior is considered a violation of ethics.

THE PROCESS TO BE FOLLOWED IN AUDITING THE CODE OF ETHICS

  • Necessary measures are taken to prevent any potential/existing conflict of interest and unethical behavior of our human resources, and in cases where they are not effective, the Secretary General is notified in writing.
  • The results of the evaluation made by the Secretary General are reported to the Board of Directors.
  • For notifications whose content is not an ethical issue, the necessary feedback is given to the person by the Secretary General.
  • Notifications are kept strictly confidential.
  • If the Board of Directors deems it necessary, defense is requested from the relevant individual/individuals.
  • The results of the defense are evaluated by the Board of Directors and the decision taken is taken as a basis in practice.