Compliance framework conditions
Compliance means more than just following the applicable laws: in fact, it includes the strategies for proper behaviour in accordance with applicable regulations. It is therefore also a matter of conscious and intentional adherence to rules in the broadest sense. Compliance is a vital tool for management control. These aspects make our intact corporate compliance an important framework for our value creation.
Our integrity as a service provider is essential for the trust of our employees, customers, shareholders and the public. We have had a Group Compliance Officer since 2002, for whom several employees now work. Their duties include, among other things, coordinating and implementing existing standards such as the Code of Conduct or Group-wide compliance standards as well as introducing new standards in the area of compliance. Group Compliance is thus an integral part of our efforts to comply with corporate governance.