smart's experience in anti corruption

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SMART Technical Services Experience in Anti-Corruption Prepared By Yadana Su Hlaing 23 September 2014

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On Tuesday, 23 September, MCRB hosted a half-day workshop on “Anti-Corruption Programmes” for Myanmar businesses in Yangon. The workshop, held in collaboration with Spectrum – a Yangon-based sustainable development knowledge network - was the first in a series of events to follow-up on the Transparency in Myanmar Enterprises (TiME) report and build business capacity in the area of anti-corruption and human rights.

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Page 1: Smart's experience in anti corruption

SMART Technical ServicesExperience in Anti-Corruption

Prepared ByYadana Su Hlaing

23 September 2014

Page 2: Smart's experience in anti corruption

SMART Group of Companies

SMART Group

SMART Technical

Services

SMART Electrical Trading

SMART E&P International

SMART Technical Singapore

Founded by Mr. Kyaw Kyaw Hlaing, Chairman in 1994

Page 3: Smart's experience in anti corruption

ISO Certification of Registration

Page 4: Smart's experience in anti corruption

TRACE Membership

In 2013, First Myanmar Service Company to be a TRACE Member

Page 5: Smart's experience in anti corruption

SMART Code of Conduct

Founded in 2012 for SMART and its employees to perform business with integrity and responsibility.

Written in both English and Myanmar Language

Page 6: Smart's experience in anti corruption

Which titles are included?

Health, Environment, Safety & SocialResponsibilities (HESS)

Equal Opportunity

Harassment

Human Rights

Record Keeping & Internal Control

Conflicts of Interest

Payments & Bribery

Inside Trading

Page 7: Smart's experience in anti corruption

Which titles are included?

Money Laundering

Working with Government Officials

Political Activity

Business Communications

Confidentiality and Data Protection

Intellectual Property

Use of Computer System, Email & Internet

Antitrust (Competition Law)

Page 8: Smart's experience in anti corruption

Managers’ responsibilities

Lead and behave as a role model

Provide education and tools to promoteemployees’ understanding skill

Create an ethical culture (to raise questions &prohibit misconduct behavior)

Inform management and ethical committee ofany employee’s wrongdoing

Page 9: Smart's experience in anti corruption

Ethical decision making

Is it Legal?

Is it consistent with Company ethical policy?

Do you know all the necessary facts?

Have you reviewed these facts carefully?

Have you discussed the issues with yoursupervisor?

What are the consequences of your decision?

If it were made public, would I be comfortable?

Page 10: Smart's experience in anti corruption

Decision Making

Remember to Reflect….

Page 11: Smart's experience in anti corruption

Ethical Committee Members

Chairman

MD (SET) SMART Electrical Trading

MD (STS) SMART Technical Services

HR Manager

Admin Manager

HESS Manager

Section Head (Internal Audit)

4 Representative Members (Elected by Choice of Employee Vote)

Page 12: Smart's experience in anti corruption

Employees’ Responsibility

Understanding the Code of Conduct

Sign the Code of Conduct to pledge acceptance

Commitment of the Code at all times when under SMART’s employment.

All employees have duty to report any misconduct of behavior or business transactions witnessed.

NO TOLERANCE IS ALLOWED!!!

Page 13: Smart's experience in anti corruption

SMART’s Work Culture

Importance of 4 Ps

People Planet

Principle Partner

Page 14: Smart's experience in anti corruption

Internal Control

Document & Compliance Team- 3 members

• Vendor Evaluation & Registration

• Orientation of the Vendors

• Quarterly Audit for Departments and Site Inspection

• Monthly Reports and Quarterly Management Review for Audit findings.

• Annual management meeting for revision in policy, procedure or work manual

Page 15: Smart's experience in anti corruption

Contact of Ethical Officer

Anonymous Code of Conduct Mailbox

Located in SMART Reception Area

Email Address

[email protected]

Phone Number

95-1-701593

Page 16: Smart's experience in anti corruption

SMART’s Compliance Achievement

GE Channel Partner for Oil & Gas Equipment'sSigned in January 2014

Succeeded after 1 year of due diligence and compliance questionnaires and interviews.

Page 17: Smart's experience in anti corruption

SMART’s Score for Pwint Thit Sa

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SMART’s Score for Pwint Thit Sa

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SMART’s Score for Pwint Thit Sa

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Overall Score for Pwint Thit Sa

Page 21: Smart's experience in anti corruption

Thank You

www.smart-technical.com

[email protected]

Any Questions?