Model under law decree 231

With the issuance of Law Decree 231/01, companies/institutions are called upon, in administrative and criminal proceedings, to account for a number of offences ("offences under Law Decree 231") committed to their advantage by their directors and/or employees.

However, companies/institutions may be exempt from liability for offences under Law Decree 231 if they have adopted an appropriate Organization, Management and Control Model ("Model under Law Decree 231") designed to prevent the perpetrating of offences by their directors and/or employees, and if they have entrusted the task of overseeing the operation, observance and updating of the Model under Law Decree 231 to a body with independent powers of initiative and control ("Supervisory Body"),  

Since the parent company De Rigo S.p.A., in the absence of employees, is limited to conducting pure holding activities, while operations are carried out by the subsidiary De Rigo Vision S.p.A., all supervisory activities were entrusted with effect from 20 December 2010 to the the latter's Supervisory Body.