Intolerance towards corruption

We follow the principle of absolute intolerance to corruption in any form. The main internal documents regulating anti-corruption issues in the Company are:

  • Code of Conduct;
  • Anti-corruption policy;
  • Whistleblowing policy.

The Anti-Corruption Policy approved by the Board of Directors in 2021 includes principles in relation to corruption, gift giving and acceptance, fraud and other illegal actions.GRI 2-23

One of the key principles of this Policy is “the commitment of senior management and the establishment of a “Tone at the Top”. The first head of the Fund Group company is personally responsible for corruption offenses of subordinates. These changes have already been approved for the entire Group of companies of the Fund. GRI 3-3

According to our Policy, the Fund, as well as officials and employees, do not finance political parties, public associations in order to obtain or maintain an advantage in their activities. The Fund also does not finance charitable and sponsorship projects in order to obtain or maintain an advantage in its activities.GRI 415-1 The Policy is posted on the corporate website of the Fund in Kazakh, Russian and English to provide full access to all employees, as well as to all stakeholders.