Compliance management system

Zurich Airport Ltd. sees compliance as an essential component of company-wide risk management and, at the same time, as an independent management and control function. Zurich Airport Ltd. operates a Group-wide compliance management system for systematic compliance with legal requirements as well as the internal guidelines adopted on this basis and ethical principles.

Ultimate responsibility for compliance with laws, guidelines and principles lies with line management. A broadly based Compliance Steering Committee headed by the Chief Risk Officer monitors systematic and uniform implementation of compliance management procedures.

Issues from compliance reporting that could give rise to significant risks for Zurich Airport Ltd. are incorporated into risk reporting.

Once a year, the Group Compliance Office produces a comprehensive compliance report on behalf of the Chief Risk Officer. This report is submitted to the Management Board and the Board of Directors.