Financial Compliance

Huawei Technologies Co., Ltd. (hereinafter referred to as "Huawei") upholds the core principle of complying with all applicable laws and regulations on economic sanctions, anti-money laundering, and anti-terrorist financing. Huawei has continuously invested resources into the establishment and continuous improvement of its financial compliance management system, which mainly incorporates tone from the top, risk assessment, internal control, inspection and audit, and training. Huawei assesses financial compliance risks based on a number of elements such as geography, transaction counterparties, and products and services, and manages financial compliance risks by setting control points in sales, procurement, supply, service, finance, and other business processes, as well as employing IT tools. Huawei conducts financial compliance checks and audits, and continuously provides financial compliance training to all its staff to foster a robust compliance culture.

All Huawei staff are prohibited from engaging in activities that violate applicable laws and regulations on economic sanctions, anti-money laundering, and anti-terrorist financing. Therefore, Huawei has established an incentive and accountability system. Huawei employees who do not abide by applicable laws and regulations shall be held legally liable.

Through contractual arrangements, Huawei requires its counterparties, including but not limited to customers, channel partners, and suppliers, to comply with applicable laws and regulations on economic sanctions, anti-money laundering, and anti-terrorist financing.