Porsche Finance Group introduced anti-corruption and anti-trust guidelines

They will help the group to maintain high business standing, in accordance with international standards of the Porsche Holding Group
Porsche Finance Group (PFG) is a part of the Porsche Holding Group and stands for sustainable economic activity and fair business relations. 

The maintenance of high business standing belongs to indicators of PFG success. Therefore, this year PFG elaborated and introduced anti-corruption and anti-trust guidelines for its staff.

Both documents include strict definitions of basic notions, in accordance with international legislation, as well as detailed interpretation of useful and important subjects for staff. For instance, Anti-corruption Guidelines provide with practical examples of situations that may result in corruption and advices for staff of how to act in such cases.

Beside own standing, PFG also pays significant attention to repute of its partners. A special chapter in the Guidelines is dedicated to the choice and check of potential counteragents. Furthermore, as set forth in the Guidelines, PFG avoids cooperation with internationally sanctioned or embargoed companies and persons.

“Our customers must be confident that the Porsche Finance Group acts solely on legal grounds and observes international standards of work. Reputation is our largest asset that we have to protect and develop. Therefore, we have a strict stance on corruption: PFG does solely fair business. We stress on our direct obligation to observe fundamental values, such as honesty, justice, stability and partnership, in accordance with the introduced guidelines. They are pledge of Porsche Holding success and transformation to the most profitable, appealing and stable automobile company in the world”, says Joseph Graf, CEO of Porsche Finance Group.

Anti-Trust Guidelines contain subjects related to competition, awareness raising of both national and international antitrust legislation. In the Guidelines the staff may find the responses to the following issues: what monopolistic activity is, in which cases information exchange between companies is illegal, which consequences of violation of antitrust legislation emerge etc. 

Information about the Company:

 Porsche Finance Group is represented in Ukraine by the companies of Porsche Leasing Ukraine, Porsche Mobility and Porsche Insurance Agency. They are the property of Austrian Porsche Bank, which in its turn belongs to “Porsche Holding” (Volkswagen AG). In Ukraine Porsche Finance Group provides the following services to the clients of official dealers of Volkswagen, Audi, Seat and Porsche – financial operating leasing, crediting, fleet management services and acts as an intermediary in insuring vehicles purchased with financing or cash.

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