Internal supervision

Internal Supervision

Teleste's internal supervision is designed to support the implementation of the strategy and to ensure the achievement of the specified goals, compliance with the regulations as well as the reliability and accuracy of financial reporting. Internal supervision is based on Teleste's values and corporate culture, as well as Group- and operational-level structures and processes that support each other. The management of the Group and the business units are responsible for the internal supervision as part of their normal managerial duties, while the Board evaluates and verifies the appropriateness and efficiency of the supervision. In each of the two business areas, the management of the business unit, supported by Teleste's centralised business controller function, is responsible for compliance with the principles of internal supervision on all levels of the areas. 

 

Updated 2021