Compliance system

The IAS conducts staff surveys to identify any legal violations related to implementation of and compliance with the regulation. Compliance officers handle any complaints and decide how to respond. After the appropriate checks have been carried out, the results are discussed with management and reports are drawn up for the Audit Committee. Another of the IAS’s duties is to monitor the implementation of measures that have been developed and approved to ensure compliance in the course of the Company’s operations.

If a violation of the law is identified, the authorised official shall inform the appropriate Company bodies. If it is confirmed that a criminal or administrative offence has been committed, the information will be passed on to the law enforcement authorities. If a breach of the Code is not related to applicable law, the employee held accountable may be subject to sanctions such as disqualifying for bonuses or other incentives, withholding promotion or public sanctioning. The offender may also be subject to disciplinary action if appropriate legal grounds are identified.