Page 56 - Continental Reinsurance 2022 Annual Report

54 Corporate Governance Report

14. Anti-bribery and corruption policy
The Company is committed to high ethical standards and integrity and has zero tolerance for corruption and corrupt practices.
The Company fully supports the United Nations Convention Against Corruption and other anti-corruption laws in furtherance of
its commitment, an Anti-Bribery & Corruption policy has been formulated and approved by the Board. The Company's Anti-
Bribery & Corruption policy prohibits the offering of or giving something valuable for persuading an official or any person to
misuse his office to benefit the Company or its Employees. The Policy also prohibits receiving something valuable for influencing
official action. The Company's Board of Directors and Senior Management are charged with the responsibility of ensuring that
the Company complies with the Policy.

There was no incidence of corruption or corrupt practices recorded during the year.

15. Whistle-blowing policy
The Company has an approved whistle-blowing Policy and procedure that encourages honest whistleblowing. All employees of
the Company and stakeholders are aware of this Policy and concerns are raised anonymously through the Navex Global Ethics
Point system hosted on the Company's website. The policy provides for protection against harassment or victimization of any
person who reports genuine concerns, malpractice or illegal acts or omissions against the Company, Directors and employees.
There were no reported cases during the year.

16. Statement of Compliance
Continental Reinsurance Plc is a Public Limited Liability Company and is subject to the jurisdiction of the Nigerian Code of
Corporate Governance, 2018. The Board of Directors are charged with the responsibility of ensuring compliance with the Code
and hereby confirms that the Company complied with the provisions of the Code in the 2021 financial year.

The Company also complied with all the relevant laws of Nigeria.