The value of ethics

Banca IFIS complies with the Corporate Governance Code of companies listed on the Italian Stock Exchange and has a corporate governance system in line with the standards of this code and with the relative recommendations put forward by Consob, together with best practice standards in general, with the aim of guaranteeing suitable separation of responsibility and power by balancing management and control functions correctly.

In compliance with the provisions of Legislative Decree 231/2001 concerning the “Regulations governing administrative liability of legal entities, companies and associations without legal form’, the following documents are made available: the Code of Ethics and the Supervisory Body Regulations.

In order to promote a corporate culture based on respect for the law, characterized by correct conduct and founded on dignity and respect, Banca IFIS, also in reference to the other companies of the Group, grants access to its ‘Group policy for managing the reporting of violations’.

This system aims to contribute to ensuring a working environment in which Group employees can easily report conduct that they consider illegitimate. Consequent analysis and handling by the applicable corporate structures is carried out in such way as to protect confidentiality in order to avoid retaliation and discrimination against the reporting party.