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materiality 0.20
Bel Fuse revises Code of Ethics with new provisions on AML, trade sanctions, counterfeit parts, and conflict minerals
BEL FUSE INC /NJ
- Board adopted amended Code of Ethics on August 3, 2024, effective immediately.
- New provisions mandate compliance with anti-money laundering laws and regulations.
- Amendments add requirements for trade controls, sanctions, and restrictions.
- Code now includes measures to minimize risk of counterfeit parts in manufacturing processes.
- Provisions on conflict minerals laws and corresponding company policies were added.