How does Singapore prevent corruption?

How does Singapore prevent corruption?

Singapore relies on two key legislations to fight corruption; the Prevention of Corruption Act (PCA), and the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA). The PCA has a wide scope which applies to persons who give or receive bribes in both the public and private sector.

Which institutions can reduce corruption?

Transparency International offers these ideas in its anti-corruption kit: Organize a committee to count and keep track of public supplies, such as school textbooks. Coordinate a sporting event that the community can participate in to raise awareness of corruption.

What is the agency tasked to investigate corruption in Singapore?

The Corrupt Practices Investigation Bureau (CPIB) is the sole agency responsible for combating corruption in Singapore. CPIB was founded in 1952, even before Singapore gained independence from the British.

What is the punishment for corruption in Singapore?

A person convicted of an offence under the PCA 1960 shall be liable to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 5 years or to both, for each count of corruption.

What is an anti corruption policy?

These laws generally prohibit both bribery of government officials and private sector (commercial) bribery. In addition to the prohibition of bribery, the FCPA mandates that companies establish and maintain accurate books and records and adequate internal controls.

What is CPIB Singapore?

Corrupt Practices Investigation Bureau Website. Official website links end with .gov.sg.

What are the anti-corruption strategies?

Here are five ways that citizens and governments can make progress in the fight against corruption:

  • End impunity.
  • Reform public administration and finance management.
  • Promote transparency and access to information.
  • Empower citizens.
  • Close international loopholes.

How do I report corruption in Singapore?

Contact Us

  1. VISIT US. We are located at 2 Lengkok Bahru, Singapore 159047 and 247 Whitley Road, Singapore 297830.
  2. CALL OUR DUTY OFFICER. Local 1800-376-0000.
  3. LODGE AN E-COMPLAINT.
  4. EMAIL US.

How can a company prevent corruption?

8 ways to prevent corruption in your business

  1. Understand the law and other regulations.
  2. Conduct a risk assessment.
  3. Set the tone top-down.
  4. Always conduct due diligence.
  5. Keep reviewing your policy.
  6. Communicate and train.
  7. Always protect whistleblowers.
  8. Monitor and review.