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LARSEN & TOUR INFOSEC LIMITED CODE OF PRACTICES AND PROCEDURES FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION I.PREAMBLE Regulation 8 of the Securities and Exchange Board of India

How to fill out code of fair practice

How to fill out code of fair practice

1. To fill out the code of fair practice, follow these steps:
2. Begin by reviewing the existing code of fair practice template or guidelines provided.
3. Understand the purpose and principles behind the code of fair practice.
4. Familiarize yourself with the specific industry or organization's policies and legal requirements.
5. Identify the key areas or topics that should be covered in the code of fair practice, such as non-discrimination, confidentiality, conflict of interest, etc.
6. Develop clear and concise statements for each area, ensuring that they align with the organization's values and comply with legal standards.
7. Include any additional guidance or examples to clarify expectations and provide practical insights for employees or stakeholders.
8. Review and revise the draft code of fair practice to ensure completeness, consistency, and coherence.
9. Share the draft with relevant stakeholders for feedback and input.
10. Incorporate feedback and make necessary revisions to the code of fair practice.
11. Seek legal review or advice if required to ensure compliance with applicable laws.
12. Finalize the code of fair practice by obtaining necessary approvals from management or governing bodies.
13. Communicate and distribute the code of fair practice effectively to all relevant parties, ensuring understanding and compliance.
14. Periodically review and update the code of fair practice to reflect changes in laws, regulations, or organizational needs.

Who needs code of fair practice?

1. Code of fair practice is beneficial for various stakeholders, including:
2. - Organizations or companies of any size and industry that want to establish a set of ethical guidelines and standards for their employees and stakeholders.
3. - Employees, as it provides clear expectations and principles to guide their behavior and decision-making.
4. - Customers or clients, as it demonstrates an organization's commitment to ethical practices and fairness.
5. - Investors or shareholders, as it indicates responsible governance and risk management.
6. - Regulatory bodies or government agencies, as it helps to ensure compliance with laws and regulations.
7. - Business partners or suppliers, as it sets a benchmark for conducting business in a fair and ethical manner.
8. - The general public and society, as it promotes transparency, trust, and accountability.

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What is code of fair practice?

The Code of Fair Practice is a set of standards and guidelines that businesses are expected to follow in their interactions with customers, competitors, and employees.

Who is required to file code of fair practice?

Businesses in certain industries may be required to file a Code of Fair Practice, depending on regulations in their region or jurisdiction.

How to fill out code of fair practice?

The Code of Fair Practice typically requires businesses to outline their commitment to ethical behavior, fair competition, and transparency in their operations.

What is the purpose of code of fair practice?

The purpose of the Code of Fair Practice is to ensure that businesses operate ethically and responsibly, while maintaining fair competition in the marketplace.

What information must be reported on code of fair practice?

Businesses may be required to report information such as their business practices, customer relations, and any conflict of interest policies in their Code of Fair Practice.