GOVERNANCE

COMPLIANCE PROGRAM AS LEGISLATIVE DECREE N. 231/2001

Legislative Decree No. 231/2001 introduced for the first time in Italian law the concept of administrative responsibility for Italian companies relating to criminal offences committed in the Board’s interest in Italy or abroad:

By individuals having a representative, financial or managerial position within the organization or within a business unit linked to the organization, although independent from a financial and functional point of view;
By individuals who de facto manage and control the organization;
By individuals subject to the management or supervision by one of the subjects mentioned above.

This responsibility is added to that of the individual person who has committed the material offence.

TEMIS ETHICAL CODE

The Code is a document approved by Avio’s Board of Directors and applied across the Avio Group internationally. It sets out the business code of conduct, together with the commitments and responsibilities expected of our employees.

The Code ensures the prevention and detection of law and regulatory directive violations relating to our business activities