2018 | Tin Technology Company | Step 1 Information Review (Step 2.A.1)
Has the company established a system to accurately review the information they gathered in Step 1?
Tin Tech also follows a Know your Counterparty (KYC) process which includes supplier location mapping, financial, identification, and industry. The Due Diligence Manager reviews this information annually with the purchasing team and General Manager. Whenever red flags are identified, the Due Diligence Manager, purchasing team, and general manager will engage the supplier as required. During this reporting period, there were no red flags reported.