SM Optics S.r.l. is a young Company, part of SIAE Microelettronica Group, funded in 2014 from a spin-off of Alcatel-Lucent Italia. The new Company continue a tradition of outstanding technical competence, visions and innovation to master the evolution optical telecommunication market in line and in compliance with the deep ethics values of the parent company SIAE Microelettronica S.p.A. (please read at the link https://www.siaemic.com/index.php/aboutus/corporate-compliance).
The decree no. 231 dated June 8th, 2001 (Decree) revolutionized the Italian legal system with an "administrative" liability regime for the legal entities in case of crimes specifically provided by this Decree. This legislation provides a direct responsibility of the legal entities in case their representatives, managers and employees commit such crimes in the interest or for the benefit of the legal entities themselves.
More precisely the Decree provides against the company sanctions that affect the company’s assets and the exclusion from the business relationship with the Public Administration.
To ensure a business management in accordance with the values stated in the decree, SM Optics S.r.l. has therefore adopted a Organizational, Management and Supervisory Model (Model) and has appointed an independent Compliance Committee.
The Compliance Committee is the primary reference point on the Model and its mission is monitoring the proper implementation of the Model and its updating, throughout:
- daily assessment that the risk profiles of the SM Optics S.r.l. are always effectively limited and monitored by clear business processes and shared with the entire workforce, proposing to the internal stakeholders the eventual appropriate corrective actions;
-The implementation of actions in order to share the values of SM Optics S.r.l. with all its stakeholders, so that SM Optics S.r.l. avoids any attempt to commit a “Compliance crime” which unlawfully involving SM Optics.
These channels may be used to claim any violations to the Model with the guarantee of absolute confidentiality of the content’s communication and the identity of who make the communication.