New rules of the SASAC to promote central enterprises to strengthen compliance management

The State -owned Assets Supervision and Administration Commission of the State Council recently issued the "Administrative Measures for the Compliance of the Central Enterprise" to promote central enterprises to strengthen compliance management, effectively prevent and control risks, and effectively ensure deepening reform and high -quality development. The method will be implemented from October 1, 2022.

In order to further improve the compliance management organization system, on the basis of fully drawing on the advanced experience of world -class enterprises, it is clear that central enterprises should set up chief compliance officers in accordance with the actual situation, and do not add leadership positions and positions. Responsible for the main person in charge of the enterprise, the leadership compliance management department organizes relevant work, and guides the units to strengthen compliance management.

The measures propose that central enterprises should use compliance review as a must -have procedure into the management process. The compliance review opinions of major decision -making matters shall be signed by the chief compliance officer to make clear opinions on the compliance of decision -making matters. The business and functional departments and compliance management departments will regularly conduct a regular review of review standards, processes, and key points in accordance with their duties and authority.

According to the Measures, central enterprises should establish a rectification mechanism for violations of regulations. Through improvement of rules and regulations, optimizing business processes, etc., we will block management vulnerabilities and improve the level of management and management in accordance with laws.

In terms of supervision and accountability, the measures are clear that central enterprises should not find illegal issues due to intentional or major negligence in the process of performing their duties, or units and misconducts to discover violations of regulations, which causes loss of duty and cause loss or adverse effects to enterprises. Personnel is held accountable. (Reporter Wang Xi)

[Editor in charge: Liu Yang]

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