governance

CODE OF CONDUCT, DISCIPLINARY SYSTEM AND ORGANIZATIONAL MODEL

The regime of administrative liability imposed on legal persons, companies and
associations.
On June 8, 2001 the legislative decree No. 231 was issued , on the “Discipline  of
administrative liability of legal persons, companies and associations even without
legal personality “, which introduced into the Italian law a regime of  administrative  liability (substantially similar to criminal liability) to be charged to the corporations (to be understood as companies, associations, consortia, etc..) for crimes absolutely listed and committed in their own interest or advantage.
After establishing the administrative liability of corporations, the  articles 6 and 7 of the decree stipulate that the corporation is not liable if it proves that it has adopted and effectively implemented, before the event  took place, “models of organization, management and control able  to prevent the  crimes  similar to that occurred” and it has appointed  an organ of internal control, with the aim of preventing the offences listed.
Italiana  Costruzioni  has adopted  this model, sensitive to the need to ensure conditions of  fairness and transparency in business and corporate activities, to protect its position and image, the expectations of  its shareholders and the work of  its employees, and aware of the importance of  being endowed with an internal control  system  able  to prevent  unlawful acts by its directors, employees, representatives and business partners, so that they  take  an appropriate and linear conduct in performing  their activities.

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