Israel Canada T.R Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

The company's CFO is the officer responsible for enforcement and compliance with the provisions of the Securities Law and the Companies Law that apply to the company, including those that pertain to immediate reports, quarterly and periodic reports, transactions with interested parties and officers, and more. The deputy CEO is the officer responsible for enforcement of the company's code of ethics, employment, sexual harassment, anti-bribery and anti-corruption practices, among other issues (except for those provisions of the Securities Law and the Companies Law that apply to the financial aspect). The internal enforcement plan was re-approved by the company's Board of Directors following a compliance survey in March 2021. Once every three years (and as necessary) a compliance survey is conducted to validate the company's internal enforcement program. Likewise, the Board of Directors convenes annually to discuss the company's internal enforcement issues and deficiencies in enforcement and compliance, if any. An additional interface to the enforcement program is conducted vis-a-vis the company's employees. During the onboarding process, the program is introduced to the new employees, following which the employees state with their signature that they accept and agree to its sections. Furthermore, a seminar on the internal enforcement program is held for all the employees at least once a year. In 2021, two seminars regarding internal enforcement were held by the company. One seminar focused on the importance of internal enforcement at the company level, while the second seminar was carried out in small dedicated groups according to line of work, with an emphasis on specific enforcement aspects that apply to different activities.

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