CDP has adopted processes and procedures to ensure that it does not support, in the context of the specific transactions in which CDP is involved, practices that could potentially involve tax evasion, avoidance and fraud or the involvement of non-cooperative jurisdictions for tax purposes. In this regard, CDP is committed to ensuring standards of integrity and tax transparency in line with the principles established by applicable European legislation, as well as with banking and market best practices.
Elements potentially attributable to tax evasion or the involvement of non-cooperative jurisdictions for tax purposes, where identified, are considered high risk factors, with respect to which CDP implements measures to mitigate such risk elements or, where this is not possible, abstains from involvement in such transactions.