Compliance

Compliance as a Foundation, Not a Formality

Guidance for Employees, Management, and Business Partners

Our Commitment to Responsible Business Conduct

How We Operate

It isn’t a checklist we complete. It’s how business gets done, every time.

At SYNA, compliance is not a department or a deadline — it is a standard of conduct that runs through every decision, every relationship, and every company that operates under our name.

Where the Line Is Drawn

The law sets a minimum. We don’t stop there.

We hold ourselves and our portfolio companies to full compliance with applicable laws, regulations, and ethical standards. This is not a minimum requirement. It is our baseline — the starting point from which we build businesses that are trusted, resilient, and built to last.

What Holds Us Together

Three beliefs, applied without exception, by everyone.

Our approach to compliance is rooted in three convictions:

That principled conduct and strong performance are inseparable.
That accountability must be active, not passive.
And that the culture of a company is reflected most clearly in how it behaves when no one is watching.

Zero Tolerance

SYNA maintains an absolute zero-tolerance position on corruption, bribery, and money laundering — without exception, without qualification, and without compromise.

01

Anti-Corruption & AML

These are not policies that exist on paper. They are active commitments embedded in how every company within our portfolio is governed, how decisions are made, and how relationships are conducted. We comply fully with Indonesian anti-corruption law (UU Tipikor), anti-money laundering law (UU TPPU), and all applicable regulations enforced by the KPK and PPATK.

02

No Exceptions

No business objective, commercial pressure, or relationship — internal or external — justifies any deviation from this position. Personal interests must remain strictly separate from company interests, and any conflict of interest — even its mere appearance — must be disclosed and resolved without delay.

03

Tax Integrity

We are equally uncompromising in our commitment to full tax compliance. SYNA and all companies within our portfolio meet their statutory tax obligations accurately, transparently, and on time — in full accordance with applicable Indonesian tax law. We do not engage in tax evasion, abusive tax arrangements, or any practice designed to misrepresent our true tax position.

The SYNA Code of Conduct

The principles that guide our decisions, actions, and business relationships.

Our Code of Conduct establishes the principles and standards that guide every company within the SYNA portfolio. It reflects our commitment to ethical business practices, responsible governance, respect for people, and long-term value creation.

These principles apply across our portfolio companies and serve as the common framework for how we conduct business, make decisions, and build trusted relationships with our stakeholders.

Human Rights & Labor
Environment
Fair Competition
Data Protection

We recognize and uphold the Universal Declaration of Human Rights. We respect the core labor standards of the ILO and comply with Indonesian labor law, embracing diversity and equal treatment regardless of gender, ethnicity, age, religion, or physical and mental ability.

We are committed to the responsible management of natural resources and encourage environmentally sound practices across our operations, in compliance with applicable environmental regulations including AMDAL requirements.

We champion fair and transparent markets. We comply with all applicable competition laws and refrain from any form of anti-competitive conduct, including price-fixing, market allocation, or abuse of dominant position.

We handle personal data with the utmost care, in full compliance with the Indonesian Personal Data Protection Law (UU PDP) and all applicable regulations.