Compliance ombudsperson(whistle-blowing contact)
KfW Group has appointed the lawyer Arndt Brillinger (law firm Brillinger located in Karlsruhe) as ombudsperson. As of 01.03.2014, the ombudsperson will serve as an external point of contact for all KfW Group staff and third parties, and will gather information regarding possible compliance violations.
With the whistle-blower system, KfW has a recognised institution which will gather confidential information regarding suspicious matters relating to criminal activities, and will enable the KfW Group to pursue such irregularities resolutely.
The key feature of KfW Group's ombudsperson system is that whistle-blowers can contact the ombudsperson in confidence, if they suspect criminal activities and potential violations against laws. This particularly concerns corruption, fraud, credit fraud, subsidy fraud, breach of trust and embezzlement, as well as similar irregularities or breaches of the German Banking Act (KWG).
Contractual regulations guarantee that the name and identity of the whistle-blower will remain secret. The identity of the whistle-blower will only be revealed to the compliance department of the affected Group company by wish and express consent of the person in question.
- The ombudsperson is not an arbitration board for disagreements between third parties and companies of KfW Group.
- The ombudsperson is not a point of contact for complaints which are not related to suspected criminal activity. Complaints such as these can be reported to: