Trust is in the Balance TM Panini Group, established more than 50 years ago in Modena, Italy with subsidiaries throughout Europe, Latin America and the United States, is the world leader in the published collectible sector and the leading multi- national publisher of comics, children’s magazines, and manga in Europe and Latin America. The company has distribution channels in more than 110 countries and employs a staff of almost 1000. For more information visit www.paninigroup.com. The Challenge Panini is headquartered in Italy, home to its financial and management accounting teams. Under Italian law, there are strict provisions for administrative liability of companies regarding crimes committed by a business representative. This is unsurprising, given the scale of the problem: br

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