COMPLIANCE MANAGEMENT

Compliance with laws, guidelines and regulations is a matter of course for König + Neurath. During the reporting period, there were no cases of anti-competitive behavior or non-compliance with laws or regulations. There were also no complaints about negative environmental or social impacts, corresponding working practices or breaches of customer privacy. Compliance with laws and regulations is monitored and ensured by the relevant authorities and through regular external audits. Should deviations occur, we immediately initiate measures for the sustainable elimination of a violation.

Corruption is a violation of criminal law within the meaning of the German Criminal Code. The König + Neurath Code of Conduct regulates (see Appendix 2) in detail how the avoidance of bribery and corruption, money laundering and anti-trust agreements is ensured. There is a detailed König + Neurath compliance guideline on avoiding corruption in business transactions and a König + Neurath money laundering guideline.

Since the introduction of the Code of Conduct in 2016, no violations of its content have come to light. Neither today nor in the past have we recorded any violations of the law that would have had legal consequences.