77 SUSTAINABILITY STATEMENT REGULATORY COMPLIANCE It is an absolute priority for the Group that it remains in adherence at all times to all prevailing laws and regulations in BMM UIF KVSJTEJDUJPOT JO XIJDI JU PQFSBUFT "T BO F HPWFSONFOU TFSWJDFT QSPWJEFS DPNQMJBODF JT B LFZ BSFB PG SFMFWBODF TJODF XF QMBZ BO JOTUSVNFOUBM SPMF JO IFMQJOH UIF HPWFSONFOU JNQMFNFOU SFHVMBUJPOT CZ QSPWJEJOH B DIBOOFM GPS DJUJ[FOT and businesses to fulfil their obligations to the nation. This includes always ensuring compliance with the regulatory CPEJFT J F #/. #VSTB BOE NPSF BOE XJUI HPWFSONFOU BHFODJFT UIBU BSF SFMBUFE XJUI UIF DPODFTTJPO TFSWJDF J F +1+ *NNJHSBUJPO BOE NPSF MYEG’s company-wide approach to addressing non-compliance is firstly ensuring that the Group stays on top of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investigator will subsequently follow up on the identified non-compliance for investigation. All of these measures come under the oversight of the Board and its related committees. *O UIF FWFOU PG B OPO DPNQMJBODF JODJEFOU B UIPSPVHI BVEJU XJMM CF POF PG UIF NBJO QSPDFEVSFT VOEFSUBLFO JO PSEFS UP JOWFTUJHBUF BOE GPMMPX VQ XJUI UIF OPO DPNQMJBODF JODJEFOU XIJDI XJMM CF UIFO SFQPSUFE UP TFOJPS NBOBHFNFOU GPS deliberation on the suitable corrective measures to be taken. *O ': .:&( XBT OPU àOFE PS DFOTVSFE CZ SFHVMBUPSZ BVUIPSJUJFT GPS BOZ FOWJSPONFOUBM OPO DPNQMJBODF PS TPDJBM OPO DPNQMJBODF .:&( BMTP EJE OPU JODVS àOFT QFOBMUJFT PS àOBODJBM TFUUMFNFOUT SFMBUFE UP DPSQPSBUF HPWFSOBODF BOE BOUJ DPSSVQUJPO OPO DPNQMJBODF JO ': 5IF OVNCFS PG VTFS DPNQMBJOUT UP SFHVMBUPSZ CPEJFT TVDI BT ,1%/,, IBT reduced tremendously. SUSTAINABILITY GOVERNANCE (cont’d)
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