As a result, compliance is a fundamental part of the MAN strategy and must be practiced at all levels of the Group and by all staff — the Executive Board, managers, and each individual employee — alike. MAN’s Compliance Organization has introduced a wide range of additional measures to ensure that compliance at MAN is implemented and practiced throughout the Group.
Compliance – for good reason
Corruption and cartel formation pose particularly high risks for the Company and its employees. Compliance violations in these areas can lead to high fines for the Company, penal sanctions against employees, actions for damages brought by customers, competitors and suppliers, order freezes and negative press.
MAN’s Supervisory and Executive Boards have also pushed to improve the compliance system as a result of the investigations following allegations of corruption, so that such cases do not occur again under any circumstances.
Compliance – everyone’s business
In light of this, MAN does not tolerate any breaches of compliance. Adhering to internal rules and legal regulations must take precedence over achieving financial goals for every MAN employee.
Every employee must ensure that compliance is not violated within his / her area of responsibility. MAN’s compliance organization actively supports employees in such efforts.