Power Construction Corporation of China (PowerChina) Announcement on Further Strengthening Compliance Operation
Guidelines for the staff of the Power Construction Corporation of China (PowerChina).
Offers guidance to maintain stable and substantial development and ensure compliance with international best practices.
PowerChina should:
- Abide by honesty, integrity, and legal compliance.
- Set up compliance officers and staff in regional headquarters and departments. Arrange for subsidiaries and affiliates to establish their own compliance departments and staff.
- Establish and implement a compliance system for international standards.
PowerChina’s Compliance Office should:
- Manage day-to-day compliance work.
- Implement and supervise the compliance system by organizing training, conducting audits, and supervising international business activities.
PowerChina’s Compliance Construction Committee should:
- Be aware of multinational development banks' requirements.
- Develop appropriate solutions and working plans for compliance construction work.
PowerChina should:
- Provide targeted compliance training to workers with different positions and responsibilities.
PowerChina’s Compliance Office should:
- Listen to workers’ suggestions about compliance work and answer compliance-related questions.
China
Global
September 2017
Power Construction Corporation of China (PowerChina)