Coty must follow a variety of trade restrictions on both national and international levels. These laws and regulations restrict our business dealings with certain countries, entities and individuals. Violations have severe consequences.
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Trade Restrictions
What trade restrictions must Coty follow?
What should I do?
Screen business partners. Before doing business with a new country, entity or individual, especially internationally, we must ensure that there are no trade restrictions that apply.
Keep in mind that trade restrictions change. Trade restrictions change often, and a country, entity or individual with whom we’ve done business in the past may now fall under a restriction. If you have any questions about this, consult with your local Compliance Officer, Global Compliance or use the Coty Hotline.
Q&A
A: Yes. Let your local Compliance Officer or Global Compliance know what you have heard. It could be that Coty is already aware, but not necessarily. The consequences of a violation are severe, so there is no harm in passing along the information you heard.