KPMG has implemented a range of safeguards in its processes, procedures and rules in order to respond appropriately to questions. In addition, we have our own set of core values, with integrity forming the basis, that are complied with all over the world.We published an abbreviated version of our Code of Conduct for the first time in 2002. These include the outlines of the KPMG Professional Code. This new version is now available, which contains the changes from the past three years. This version also contains a summary of our core values and how these are embedded in our practice and work processes. With this publication we wish to clarify how KPMG deals with matters such as independence, professionalism and integrity. Should you have any questions that are not dealt with in this publication, please do not hesitate to get in touch with your contact person at KPMG.