Company: INGVF
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001628280-25-010764
Chunk: 99

Company: ING GROEP NV
Filing Date: 2025-03-06
Form: 20-F
Item: Item 4
Chunk 99
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4 – on our intranet and on ing.com. The policy is intended to align with relevant local and international laws, including the US Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act (UKBA). 
Global mandatory training on anti-bribery and corruption has been designed to provide all employees, including contractors, with an understanding of the bribery and corruption risks faced by ING, the risks they may be exposed to, and how ING manages these risks. The goal of the training is to enable the learners to: 
•recognise the importance of our role in fighting bribery and corruption; 
•understand the consequences of bribery and corruption on society and the organisation;
•recognise how we identify, manage, and mitigate potential bribery and corruption risks; and 
•escalate any suspicious behaviour or suspicions of potential bribery/corruption risks through appropriate channels.
The global mandatory training, which is part of the financial crime fundamentals e-learning, was rolled out in the first quarter of 2023 and continued in 2024. New joiners are expected to undertake the training on joining ING. 
ING has an approach for identifying the roles with an increased exposure to bribery and corruption risks. These are also known as High-Risk Roles. The High-Risk Role Guidance defines in detail the job activities considered to be at risk or vulnerable from the bribery and corruption risk perspective. In 2024, employees in a High-Risk Role were enrolled in a specific HRR e-learning, which takes about one hour to complete. It covers the following key areas of activity: 
•The regulatory requirements relating to anti-bribery and corruption, the risks for the financial industry, and the impact of a regulatory breach; 
•The internal anti-bribery and corruption governance, risks & controls framework; 
•The ING gifts & entertainment (G&E) approach (roles and responsibilities relating to registering G&E); 

•The risks associated with public officials (POs) and why they represent an enhanced risk; 
•The bribery and corruption risks in the hiring process; and 
•The bribery and corruption risks when engaging with third parties. 
Both the global mandatory and the High-Risk Roles training completion by employees is monitored via the compliance dashboard. To date 98% of employees completed the Global mandatory training on anti-bribery and corruption and 89% of eligible employees completed the High-Risk Roles training. 
Regulation and Supervision
The banking and broker-dealer businesses of ING are