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Regulatory Policies

Monek Ltd adheres to various policies to ensure compliance with relevant laws and regulations in the jurisdictions where we operate. Below are key policies that reflect our commitment to legal and ethical standards:

Equal Opportunity Employer Statement​

Monek Ltd is dedicated to being an equal opportunity employer and fostering diversity and inclusion in the workplace. We strictly prohibit discrimination and harassment based on race, color, sex, religion, sexual orientation, national origin, disability, pregnancy, or any other protected characteristic as defined by government policy.

This policy encompasses all employment practices within our organization, including hiring, recruiting, promotions, terminations, leaves of absence, compensation, benefits, training, and apprenticeships. Hiring decisions at Monek Ltd are made based on qualifications, merit, and business needs at the time.

Anti-Slavery and Anti-Human Trafficking Policy​

1. Policy Statement​

Monek Ltd has a zero-tolerance approach to modern slavery and human trafficking. We are committed to acting ethically and with integrity in all our business dealings and relationships, and to implementing and enforcing effective systems and controls to ensure modern slavery is not taking place anywhere in our own business or in any of our supply chains. We expect the same high standards from all our contractors, suppliers, and other business partners. As part of our contracting processes, we include specific prohibitions against the use of forced, compulsory or trafficked labour, or anyone held in slavery or servitude, whether adults or children.

2. Purpose and Scope​

This policy applies to all persons working for or on behalf of Monek Ltd in any capacity, including employees at all levels, directors, officers, agency workers, seconded workers, interns, agents, contractors, external consultants, third-party representatives, and business partners. The purpose of this policy is to: Prevent slavery and human trafficking in our business and supply chains. Ensure appropriate processes and reporting mechanisms are in place. Promote awareness and compliance among all staff and third-party partners.

3. Responsibilities​

3.1 Management Ensure that the policy is implemented and complied with. Conduct risk assessments related to slavery and trafficking. Maintain processes to vet suppliers and contractors to ensure compliance. Provide training and guidance to staff as needed. 3.2 Employees and Workers Must read, understand, and comply with this policy. Are encouraged to raise concerns about any issue or suspicion of modern slavery in any part of our business or supply chain. Must report suspected policy violations to a manager or via the whistleblowing process. 3.3 Suppliers and Contractors Must confirm their own compliance with anti-slavery laws. Are required to allow auditing and checks upon request. Are expected to maintain due diligence on their own suppliers and labour practices.

4. Risk Assessment and Due Diligence​

We assess the risk of modern slavery through: Regular reviews of our supply chain. Evaluation of suppliers, particularly those operating in high-risk countries or sectors. Including anti-slavery clauses in all new supplier contracts. Due diligence measures may include: Onboarding questionnaires. Supplier audits. Periodic declarations of compliance.

5. Training and Awareness​

We will provide relevant training to key staff to ensure a high level of understanding of the risks of modern slavery and human trafficking in our business and supply chains. Awareness communications will be issued company-wide as part of ongoing compliance efforts.

6. Reporting and Whistleblowing​

Monek Ltd encourages openness and will support anyone who raises genuine concerns in good faith. Reports may be made via: Line Managers Nominated HR personal Anonymous reporting channels (where applicable) All concerns will be investigated promptly, confidentially, and appropriate actions taken.

7. Breaches of This Policy​

Any employee who breaches this policy will face disciplinary action, which could result in dismissal for misconduct or gross misconduct. Monek Ltd may terminate relationships with other individuals and organisations working on our behalf if they are found to be in breach of this policy.

8. Review and Oversight​

This policy will be reviewed annually and updated as necessary to reflect any changes in legislation, business practices, or emerging risks.