Compliance with the Law and Relevant Regulations
We are committed to protecting the interests of our shareholders and other stakeholders through compliance with relevant legal and regulatory environments and similarly through effective management of business risks. We comply fully with all relevant national and international laws and act in accordance with local guidelines and regulations, including those that are industry specific and govern our operations.
It is the responsibility of senior personnel to ensure, by taking legal or other advice where appropriate, that they are aware of all local laws and regulations that may affect the area of the business in which they are engaged.
Accounting And Records
Heritage maintains accounting systems that identify clearly the true nature of all business transactions, assets and liabilities, in line with relevant regulatory, accounting and legal requirements. No record or entry may be false, distorted, incomplete or suppressed.
All Group reporting must be accurate and complete and in compliance in all material respects with stated accounting policies and procedures. Employees must not materially misstate, or knowingly misrepresent, management information for personal gain or any other reason.
Our businesses may be required to make statements or provide reports to regulatory bodies, government agencies or other government departments. Our businesses will take care to ensure that such statements or reports are correct, timely and not misleading. Senior management must be made aware of any sensitive disclosure before it is made. We ensure that statements made to the media are correct and not misleading. Media enquiries are referred to our media experts and/or advisers and statements are only made by designated spokespersons. We provide, through our Group website www.heritageoilplc.com, the Annual Report and Accounts and other statements, appropriate information to enable shareholders and stakeholders to assess the performance of the Company.
We always comply with applicable laws and regulations concerning disclosure of information about the Group.