This whitepaper analyses anti-corruption measures under the Corrupt Practices Investigation Bureau (CPIB) and Prevention of Corruption Act (PCA) and discusses issues that the Singapore government has introduced to deal with corruption. Full synopsis
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Sustainable measures to eradicate corruption in Singapore
Singapore, a city state built on zero-tolerance for corruption has recently seen its business reputation dampened by prominent bribery cases involving both senior Singaporean government officials and high-level executives from private enterprises. This paper covers amendments to existing anti-corruption legislation , announced by the Prime Minister Lee Hsien Loong in January 2015 . Some of the potential changes may include new rules on corporate liability, the establishment of a compliance defence, the extraterritorial effect of Singapore’s anti-corruption laws, and whistle-blowing protection.
Areas of analysis include:
- Singapore’s renewed anti-corruption measures
- How the public sector and private firms in Singapore are working together to curb corruption
- Ways to exercise stronger leadership in taking a “tone from the top”
- Steps corporate leaders can take to enhance corruption-risk management