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Compliance

Compliance

A company’s success depends especially on the reputation gained based on its performance but also on its business conduct and the values it embodies. As a leading European group for planning, constructing, and managing complex healthcare facilities, our vision, our values, and the principles guiding our actions are essential factors in reaching our ambitious goals. 

Thus, as a reflection of its corporate culture, the VAMED Group commits to observing minimum ethical standards not only in interaction with its own staff, but also with customers, suppliers, and other business partners.

 

VAMED Code of Conduct

To ensure these high standards, we have established a group-wide compliance management system designed to make certain all (self-)commitments stipulated in the mission statement of VAMED and especially in the VAMED Code of Conduct are adhered to.

 

An important part of this compliance system is the Code of Conduct set up within the VAMED Group. The VAMED Code of Conduct provides basic guidelines for complying with ethical principles and legal obligations in business activities and is shared by VAMED AG and its subsidiaries. In addition to the Code of Conduct, various behavioural guidelines have been put into effect and are being continuously developed.

 

 

 

The Chief Compliance Officer is appointed by the Executive Board of VAMED AG and reports only to the board member of VAMED AG responsible for compliance. In this function the Chief Compliance Officer is not bound to any instructions of other disciplinary superiors.

 

This organization guarantees a continuous, independent, and group-wide opportunity to supervise and control compliance with the Code of Conduct, Behavioural guidelines or laws within the VAMED group regarding possible infringements. Additionally, the Corporate Compliance Office regularly reports to the Board of VAMED about the ongoing development of the established compliance management system, any infringements of the Code of Conduct, and the measures undertaken as a result of such infringements. 

 

VAMED Code of Conduct for Business Partners

VAMED Code of Conduct for Business Partners is a guide to the ethical principles an legal obligations that are supported by the VAMED Group, and expected to be complied with by their business partners.

 

VAMED Clinical Code of Conduct
The VAMED Clinical Code of Conduct is designed to complement the VAMED Code of Conduct. Working in a clinical environment imposes further requirements and responsibilities on the company above and beyond those contained in the VAMED Code of Conduct designed to apply to the general business environment. For this reason, the VAMED Clinical Code of Conduct was developed.