In the event there is a compliance breach, it is important for us not only to investigate and identify the causal factors and improve processes and controls to prevent such infringements, but also to actively engage and cooperate with the authorities, so as to facilitate a transparent dialogue and, where necessary, to draw the necessary conclusions.
This applies not only to the procedures and investigations mentioned in the Annual Report, but also to other cases of misconduct or shortcomings.
Irrespective of any applicable internal audits and external processes, we maintain an open dialogue with all relevant authorities in Germany and abroad, notifying them of any material matters as they arise. The same philosophy applies to taxation matters.