Adherence to compliance rules is a prerequisite for the sustainable successof the Swiss Steel Group. The compliance rules are binding for our managers and employees. A violation can lead to sanctions. These range from warnings and cautions for minor violations to dismissal for serious or repeat violations. In addition, there is a risk of criminal prosecution and claims for damages.
Our compliance management system is based on the Swiss Auditing Standard PS 980 dated January 1, 2019. It comprises the elements compliance culture, compliance objectives, compliance risks, compliance program, compliance organization, compliance communication, and compliance monitoring and improvement. Selected elements are listed below.