Anti-Corruption and Ethics

GRI: 2-23, 2-24, 2-25, 2-26, 2-27, 205-2, 205-3, SV-PS-510a.1

The agency has been using an approved Code of Professional Ethics since 2019.

The Code of Professional Ethics is published on the Expert RA’s corporate website.

The Code of Professional Ethics sets out the Agency’s basic operating principles and rules intended to maintain the Agency’s objectivity and independence. The Code was developed in keeping with the current laws of the Russian Federation, and is based on the best examples of international CRA practice and the most relevant IOSCO Code of Conduct Fundamentals for CRAs.

The ICRAS is a business unit responsible for ensuring that the Agency and its employees act in accordance with the Code of Professional Ethics, the applicable laws and regulations and for receiving and processing reports of violation.

All the staff are familiar with the Code of Professional Ethics, comply with professional ethical standards and internal procedures aimed at ensuring the quality and integrity of the rating process.

Pursuant to the Federal Law No. 273-FZ dated 25 December 2008 “On Combating Corruption”, Expert RA carries on an anti-corruption policy and implements a system of measures to limit conflicts of interest when carrying out its rating actions.

The Agency undertakes to eliminate any negative consequences of actions, which it has taken or has contributed to. This undertaking includes the investigation of grievances communicated through corporate mechanisms and other processes.

Wrongdoings of a corruption nature, conflicts of interest and other ethical violations can be reported to the ICRAS by email at compliance@raexpert.ru or by phone: +7 (495) 225 3444 (ext. 1645).