Antitrust and Competition
At the Unipol Group we undertake to operate in favour of a market that guarantees free competition, refraining from practices that could be considered anti-competitive in accordance with our Code of Ethics.
Our commitment to free competition is materialized in internal processes and procedures that guarantee the necessary safeguards and controls, carefully monitoring any relevant regulatory changes in the various business sectors.
We promote the principle of integrity and a culture of compliance and ethical conduct throughout the organization, such as to identify and manage any risks for our customers and society at large by governing and regulating the various aspects in a number of internal (Code of Ethics) and external (Supplier Code of Conduct, Organization, Management and Control Model, etc.) policies.
The task of supervising the proper functioning and observance of the Organization, Management and Control Model has been entrusted to a Supervisory Board (SB) formed by three members of the Control and Risks Committee, all non-executive Independent Directors, plus two additional members represented by the heads of the Audit Function and the Compliance & Anti-Money Laundering Function.
To this end, in December 2022 the Board of Directors:
- approved the Antitrust Compliance Manual concerning topics of potential interest for the Company and containing guidelines on the management of potentially sensitive activities;
- approved the adoption of the Antitrust Organizational Procedure containing the reference legal framework and adequate measures and procedures to prevent the commission of offenses in this area or limit their consequences;