SCM Microsystems is committed to adding value for our customers, partners, employees and shareholders by following the highest standards of corporate conduct. Under the guidance of our Board of Directors, our management works to implement policies and procedures that we believe ensure the transparent and responsible management and monitoring of the company, consistent with the best interests of our stakeholders and the requirements of the law.

Specifically, we have put in place a number of internal controls to ensure accountability and ethical conduct throughout all levels of the company. These include the following:

• A majority of our Board members are independent of the company and its management;


• The Audit Committee of our Board has established policies consistent with U.S. corporate laws regarding auditor independence;


• The Audit Committee consists solely of independent directors;


• Deloitte & Touche, our independent accountants, report directly to the Audit Committee;


• The independent members of our Board meet regularly without the presence of management;


• The charters of our Board committees clearly establish their respective roles and responsibilities;


• We have implemented a Whistleblower program to facilitate the anonymous reporting by employees of concerns about our financial reporting;


• Our board has adopted a set of Corporate Governance Guidelines that outlines the responsibilities, structure and functions of the Board of Directors; and


• We have adopted a Code of Conduct and Ethics outlining our expectations for ethical conduct that applies to our directors, management and employees.

 

As part of its continuing process improvement, SCM Microsystems implements additional policies and procedures to ensure the appropriate internal audit controls for management reporting and safeguarding of our corporate assets when necessary. We will communicate new policies and procedures to you on this website as they are implemented.

Dr. Manfred Müller Chief Executive Officer

 

 

Nominating Committee Charter | PDF 63 KB

Compensation Committee Charter | PDF 66 KB

Audit Committee Charter | PDF 79 KB

Corporate Code of Conduct and Ethics | PDF 145 KB

Corporate Governance Guidelines | PDF 95 KB