Ethics and Compliance

Ethics and Compliance


Transparency, ethics, reputation and accountability drive our actions.

Vlahovic Group views our clients as long-term strategic partners and we feel a responsibility to safeguard their reputation from risk and to add to shareholder value.

We specialize in listed companies that operate in heavily regulated sectors or in sectors with an emerging regulatory framework.

We shine when we resolve complex licence-to-operate issues for clients.

Our reputation and strong relationships with institutions enable us to align client goals with regulatory demands in the Western Balkans.

Vlahovic Group and our core team members are registered under the EU Transparency Register.

Our VG advisors sign a Code of Conduct and complete in-house compliance and ethics training focused on our values: transparency, ethics, reputation, and accountability.

By committing to establishing and implementing the Anti-Bribery Management System (ABMS) HRN ISO 37001:2016, Vlahovic Group adopted the Anti-Bribery Policy, effective as of 11 January 2024.

Principles of representation:


Work under contract and NDA


Disclose representation in all meetings with government institutions


Work in accordance with client compliance codes

Code of Conduct:

Government relations professionals are a vital part of the democratic process, who contribute to healthy political decision-making by acting as a link between business, civil society and policymakers. Vlahovic Group is committed to upholding the highest standards of ethics and transparency at all times when conducting their business.

Therefore, when making representations to national and EU institutions, representatives of Vlahovic Group shall:

  1. Act in the best interest of the client, respecting all legal and confidentiality requirements;
  2. Always identify themselves by name and company, and declare the interest they represent;
  3. Not exert improper influence on, nor offer or give any financial inducement, either directly or indirectly, to staff, officials or members of the national or EU institutions;
  4. If giving donations or gifts, will respect the legal limit on the value of the donation or gift;
  5. Immediately recuse himself/herself from any ongoing situation that could be deemed as corruption or bribery, and report it accordingly;
  6. Not engage in illegal advocacy;
  7. Avoid representing conflicting interests;
  8. Abide by any code of conduct applied by the client;
  9. Respect and comply with the relevant rules and codes of the political institutions they engage with;
  10. Strictly adhere to the contractual provisions on information protection;
  11. Be aware of laws and by-laws regulating the areas of conflict of interests, anticorruption measures and good business practice.

All Vlahovic Group staff and engaged third parties are required by their contract to be familiar with and to operate in line with these principles.

This Code of Conduct shall enter into force on 1 January 2017.

Natko Vlahovic
CEO

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