On April 5, 2018, the Board of Directors of Synopsys amended and restated the Code of Ethics and Business Conduct. This amendment did not change the principles of the Code; rather, the Code was revised to update references to various Synopsys policies and to provide clearer guidance in certain sections. Those revisions included:
- Updates to sections on privacy and personal data to reflect policy changes that Synopsys is implementing to comply with the General Data Protection Regulation (“GDPR”) and
- Clearer guidance on what benefits Synopsys employees may accept from third parties.
The above is only a summary of changes to the Code. Please refer to the full text of the Code.
The updated Code became effective in the U.S. and most other regions on April 30, 2018. Some jurisdictions have a later effective date for the amended Code consistent with local law requirements and procedures.