Compliance stands for legal compliance towards laws, public regulations, standards and guidelines.
The values and regulations that are central for CYOSS are mapped in the Compliance Code of Conduct in the form of guidelines. CYOSS has committed itself to this Compliance Code of Conduct. The Code of Conduct is an obligation for every employee, shows the necessary behavior, and at the same time provides a requirement, which has to be respected.
In order to ensure compliance with the laws and guidelines as a company, CYOSS is integrated into the Compliance Management System (CMS) of ESG Elektroniksystem- und Logistik-GmbH. A CMS refers to the organisational structure as well as to all measures and methods established within the company in connection with compliance. The purpose of the CMS is to identify, assess and control compliance risks as well as to prevent legal violations in order to avoid governmental or customer-related sanctions as well as the associated economic and reputation damages. Thus the CMS contributes to the assurance of a sustainable business success.