Anti-corruption

In this chapter:

Report on non-compliance

The Audit Committee monitors compliance with the anti-corruption policy.

The Chief Compliance Officer is responsible for overseeing the implementation of the program, leading and participating in training and audits and leading investigations into alleged non-compliance. The Chief Compliance Officer reports to the Audit Committee on current incidents and investigations three times a year.

In addition, annual reports are submitted to the Audit Committee on activities in the Anti-Corruption Program. Regular reports are also made to the Group management. The General Counsel of each division or business area is responsible for the activities in his/her respective business aimed at ensuring compliance to the policy.