Siemens 2013 Annual Report Download - page 130

92 A. To our Shareholders 117 B. Corporate Governance
118 B.1 Corporate Governance Report
124 B.2 Corporate Governance statement pursuant to
Section 289a of the German Commercial Code
(part of the Combined Management Report)
126 B.3 Compliance Report
129 B.4 Compensation Report
(part of the Combined Management Report)
148 B.5 Takeover-relevant information (pursuant to
Sections 289 para. 4 and 315 para. 4 of the
German Commercial Code) and explanatory report
(part of the Combined Management Report)

All Siemens managers are responsible for compliance – this
continues to be the central element of our compliance system,
with its three action levels: Prevent, Detect and Respond. In
addition to specifying a role-model function for senior man-
agement, this responsibility goes further: all our managers
must exemplify compliance and ensure that business deci-
sions and actions in their areas of responsibility are always in
complete accordance with the relevant legal requirements and
our own values and guidelines.
The further development of our compliance system entails
continuously adapting it to the evolving requirements in the
field of compliance. Our overall aim remains unchanged: we
want to anchor integrity permanently throughout our Company
to ensure that we make sound business decisions based on
clear principles of integrity.
For further information, please see:
C. REPORT ON EXPECTED DEVELOPMENTS AND ASSOCIATED MATERIAL
OPPORTUNITIES AND RISKS on pages -, C.. COMPLIANCE
on pages - and NOTE  LEGAL PROCEEDINGS on pages
306-312 of this Annual Report.
WWW.SIEMENS.COM/COMPLIANCE
Siemens Compliance System
Management responsibility
Compliance risk management
Policies and procedures
Training and communication
Advice and support
Integration in personnel processes
Collective action
Whistleblowing channels “Tell us”
and ombudsman
Compliance controls
Monitoring and compliance reviews
Compliance audits
Compliance investigations
Consequences for misconduct
Remediation
Global case tracking
Prevent Detect Respond