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Blumar Certifies its Crime Prevention Model, which includes the twelve crimes of Law No. 20.393, on Criminal Liability of Legal Persons

Blumar Certifies its Crime Prevention Model, which includes the twelve crimes of Law No. 20.393, on Criminal Liability of Legal Persons

Industry & Global Standards Labor Relations

After six months of hard work, Blumar and its subsidiary companies obtain the recertification valid until 2021 of its Crime Prevention Model implemented under Law No. 20.393, on Criminal Liability of Legal Persons (hereinafter the “Law”).

The compliance certificates of Blumar S.A. and its subsidiaries Salmones Blumar S.A., Pesquera Bahía Caldera S.A., and Bluriver SpA (hereinafter the “Blumar Group”), which were delivered today to the board of directors of the parent company by the certifying company Prelafit Compliance, transform the Blumar Group into a pioneering institution in addressing the protocols and commitments necessary to face all twelve crimes established in the Law, through the guidelines on which the adoption, implementation and operation of the Crime Prevention Model is based.

To the crimes already established in the Law, these are Bribery of national or foreign public officials; Money Laundering; Terrorist Financing; and Receiving Stolen Goods, in November 2018, are added Corruption between individuals; Disloyal Administration; Incompatible Negotiation; and Improper Appropriation, and finally in January 2019, the list is completed with crimes classified as Extractive activities without aquaculture concession, in benthic resource management and exploitation areas; Management of hydrobiological resources in collapsed or overexploited state, or derived products, without accrediting their legal origin; Water body contamination; and Management of banned hydrobiological resources.

The work is part of the corporate strategy to advance in best corporate practices, commented Ariel Elgueta, Internal Audit Manager of Blumar S.A., who pointed out that the work team feels very proud of this milestone “This recertification places us at the forefront, since we are one of the first companies that updates and certifies its prevention model with the twelve crimes that the Law currently contemplates”.

For his part, for General Manager Gerardo Balbontín, this milestone represents a commitment “Since Blumar continuously positions itself as a leading company in the Fishing and Aquaculture industry and with this important fact, today we are reaffirming that commitment”.

Finally, it was noted that among the benefits brought by the implementation of a crime prevention model is the establishment of formal guidelines for crime prevention; the application of preventive actions associated with the execution of controls by each management; the implementation of a reporting channel that guarantees the anonymity of the whistleblower, as well as the improvement in procedures and controls that provide greater efficiency for the company.

The reputation of the company is also protected, both at the local and international level, as well as providing greater confidence to customers and suppliers.

Photo Caption: Ariel Elgueta, Internal Audit Manager of Blumar S.A., Gerardo Balbontín, General Manager of Blumar S.A. and Víctor Ossa, Executive President of Prelafit Compliance

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