The Board of FS Italiane approves an update to Model 231

This reinforces the structure of the internal control system. The top management of the FS Group promotes a zero tolerance for corruption principle

Rome, 27 May 2020

Ferrovie dello Stato Italiane’s Board of Directors has examined and approved the update of FS’ Model 231, an organisation, management and control model pursuant to Legislative Decree no. 231 of 8 June 2001.

The update of Model 231 and the Anti-bribery & Corruption management system strengthen the organisation of the scheme of internal controls and compliance programmes of the Italian State Railways, in line with the highest standards and best practices.

FS Italiane has long encouraged and promoted the spread of a corporate culture based on ethics, integrity, fairness and legality, inspired by the Zero Tolerance for Corruption principle, of which the FS Italiane Group’s top management is a primary proponent and promoter.