Please activate JavaScript!
Please install Adobe Flash Player, click here for download

Allianz Annual Report 2013

Annual Report 2013    Allianz Group 33 B Corporate Governance 27 Corporate Governance Report 32 Statement on Corporate Management pursuant to § 289a of the HGB 34 Takeover-related Statements and Explanations 37 Remuneration Report COMPLIANCE PROGRAM The sustained success of the ­Allianz Group is based on the respon- siblebehaviorofallGroupemployees,whoembodytrust,respectand integrity. By means of the global compliance program coordinated by its independent central compliance department, ­Allianz supports and follows internationally and nationally recognized guidelines and standards for rules-compliant and value-based corporate gover- nance. These include the principles of the United Nations (UN) Global Compact, the Guidelines of the Organization for Economic Co-operation and Development (OECD) for Multinational Enterprises, and European and international standards on combating corruption and bribery, combating money laundering and terrorism financing, data protection, consumer protection, and economic and financial sanctions. ­Allianz counteracts the risks that might arise from non- compliance with legal regulations and provisions (compliance risk) through its support for and acceptance of these standards. The cen- tral compliance department is responsible, in close cooperation with local compliance departments, for ensuring the effective implemen- tation and monitoring of the compliance program within the ­Allianz Group as well as for the investigation of potential compliance infringements. The standards of conduct established by the ­Allianz Group’s Code of Conduct for Business Ethics and Compliance are obligatory for all employees worldwide. The Code of Conduct is available on our website at    www.­Allianz.com/corporate-governance. The Code of Conduct and the internal guidelines derived from it provide all employees with clear guidance on behavior that lives up to the values of the ­Allianz Group. In order to transmit the principles of the Code of Conduct and the internal compliance program based on these principles, ­Allianz has implemented interactive training programs around the world. These provide practical guidelines which enable employees to come to their own decisions. The Code of Conduct also forms the basis for guidelines and controls to ensure fair dealings with ­Allianz Group customers (sales compliance). There are legal provisions against corruption and bribery in almost all countries in which ­Allianz has a presence. The global Anti- Corruption Program of the ­Allianz Group ensures the continuous monitoring and improvement of the internal anti-corruption con- trols. (For further information on the Anti-Corruption Program, please refer to Progress in Sustainable Development starting on    page 59.) A major component of the ­Allianz Group’s compliance program is a whistleblower system that allows employees to alert the relevant compliance department confidentially about irregularities. Employ- ees who voice concerns about irregularities in good faith should not fear retribution in any form, even if the concerns turn out to be unfounded at a later date. DESCRIPTION OF THE FUNCTIONS OF THE BOARD OF MANAGEMENT AND THE SUPERVISORY BOARD AND OF THE COMPOSITION AND FUNCTIONS OF THEIR COMMITTEES A description of the composition of the Supervisory Board and its committees can be found on    pages 15 and 17  of the Annual Report. On    pages 18 and 19, reference is made to the composition of the Board of Management and a description of the composition of the Board of Management’s committees can be found on    page 27  of the Corporate Governance Report. The information can also be found on our website at    www.­Allianz.com/corporate-governance. A general description of the functions of the Board of Manage­ ment, the Supervisory Board and their committees can be found in the Corporate Governance Report starting on    page 27  and on our website at    www.­Allianz.com/corporate-governance.

Pages Overview