Whistle Blower Procedure
Swedbank recognise the importance of a frank discussion of problems and ethical issues and encourage employees to communicate legitimate concerns regarding non-compliance and questionable practises.
Swedbank maintains a process for reporting submission of suspected wrongdoing (whistleblowing) by any employee of Swedbank. In accordance with the procedures the reporting could be done anonymously to the Group Compliance Officer. Or if the report concerns the Compliance Function or senior Management, the Group Chief Audit Executive.
Swedbank undertakes not to investigate the reporting employee’s identity and the reporting shall not affect the terms of employment or job situation. The investigations of justified or suspicious violations of duty are managed within Swedbank by an independent party with regard to privacy and with utmost secrecy.