Policy Ping An clearly defines ethical and standards in itsBusiness Code of ConductandEmployees Code of Conductfor corporate activities and employees behavior. Both codes are applicable to all Ping An operations. The Business Code of Conduct clearly states Ping Ans principles and standards under six themes of business ethics. The Employees Code of Conduct states our principles and standards of employee behavior and categorizes them into five norms and 12 bans. Clear definitions principles and policies of antibribery and corruption are also articulated.Governance The Audit and Risk Management Committee under the Board of Directors is the toplevel body that is responsible for managing business ethics and corruptions issues. To ensure thorough enforcement of ethical standards and anticorruption policies the Group Internal Control Center and the Internal Control Departments of subsidiaries conduct internal audits of the Business Code of Conduct the Employees Code of Conduct and procedures required by the Codes at least annually covering all Ping An operations.Supply chain Ping An places great emphasis on compliance and antibribery and corruption through the whole value chain. We state our principles and standards of sustainability including anticorruption for cooperation of our suppliers and partners in thePolicy Statement on Sustainable Supply Chain. The requirements of antibribery and corruption for the supply chain are applicable to all suppliers of Ping An who are required to acknowledge and agree to follow the antibribery and corruption policies of Ping An in contracts signed with us. Ping An verifies compliance of suppliers using proprietary big data systems for compliance risk detection in due diligence ongoing monitoring and adhoc audit programs.Initiatives To encourage ethical business practices and the professional integrity of the industry Ping An leads and participates in joint initiatives with external stakeholders especially local regulators industry associations and peer companies. For example Ping An supported the Integrity Finance Culture Program held by the Banking and Insurance Regulatory Bureau of Shenzhen anddeveloped a pilot vocational training program on incorruptible financial cultureChinese onlyfor all financial institutions in Shenzhen.