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Competition Commission of Singapore 11
Annual Report 2013/14
Corporate Governance
Chairman & Commission formulation and implementation Andrew Khoo and Professor Phang
Members of appropriate HR policies as part Sock Yong as members.
The Commission oversees the key of its continuous effort to ensure
activities and strategies of CCS. It that CCS is a choice employer. It The Audit Committee assists the
comprises the Chairman and eight also oversees staff performance Commission in carrying out its
Commission Members. They bring appraisals to ensure that staff responsibilities in areas relating
with them their expertise in legal, are being objectively appraised to internal control, auditing,
economic and financial domains and rewarded, and manages and financial and accounting matters,
from the public and private sectors. decides on internal disclosure and regulatory compliance, and risk
The Chairman and Commission staff disciplinary cases. management. In addition, the Audit
Members are appointed by the Committee reviews the audited
Minister for Trade and Industry. Business & Ethical Conduct annual financial statements and
All CCS officers are subject to the the adequacy of CCS’s accounting
Human Resource (HR) provisions of the Official Secrets and internal control systems with
Committee Act, as well as the Statutory Bodies the management, external auditors
The CCS HR Committee was set and Government Companies and internal auditors.
up in August 2007. With effect (Protection of Secrecy) Act. In
from 4 December 2013, Ms Chia addition, the Competition Act External Audit Functions
Aileen took over the Chairmanship contains provisions governing the Deloitte & Touche LLP was
of the HR Committee from Mr disclosure of information by CCS appointed by the Minister for Trade
Lam Chuan Leong. The committee staff. CCS officers are also bound and Industry in consultation with
members are Mr Aedit Abdullah, by CCS’s code of conduct and the Auditor-General to audit the
S.C., who was appointed to the HR are obliged to adhere to internal accounts of CCS. The audited
committee with effect from 1 July policies to avoid conflict of interest. accounts are duly approved by
2013, and Mr Toh Han Li, who joined the Commission and the Minister
the committee after assuming Audit Committee for Trade and Industry. The Auditor-
the position of CE, CCS, on 1 The Audit Committee is chaired General is also kept informed of
October 2013. The HR Committee by Mr Wong Yew Meng, with Dr these Audit reports.
advises the Commission on the
CCS Case Management Workflow
Notifications for Decision Decision issued
Evaluations/ Guidance issued
Notifications for guidance Investigations
Leniency Applications Proposed Infringement
Decisions/ Infringement
Closed Decisions
Complaints
Preliminary
Other leads Enquiries Closed
Annual Report 2013/14
Corporate Governance
Chairman & Commission formulation and implementation Andrew Khoo and Professor Phang
Members of appropriate HR policies as part Sock Yong as members.
The Commission oversees the key of its continuous effort to ensure
activities and strategies of CCS. It that CCS is a choice employer. It The Audit Committee assists the
comprises the Chairman and eight also oversees staff performance Commission in carrying out its
Commission Members. They bring appraisals to ensure that staff responsibilities in areas relating
with them their expertise in legal, are being objectively appraised to internal control, auditing,
economic and financial domains and rewarded, and manages and financial and accounting matters,
from the public and private sectors. decides on internal disclosure and regulatory compliance, and risk
The Chairman and Commission staff disciplinary cases. management. In addition, the Audit
Members are appointed by the Committee reviews the audited
Minister for Trade and Industry. Business & Ethical Conduct annual financial statements and
All CCS officers are subject to the the adequacy of CCS’s accounting
Human Resource (HR) provisions of the Official Secrets and internal control systems with
Committee Act, as well as the Statutory Bodies the management, external auditors
The CCS HR Committee was set and Government Companies and internal auditors.
up in August 2007. With effect (Protection of Secrecy) Act. In
from 4 December 2013, Ms Chia addition, the Competition Act External Audit Functions
Aileen took over the Chairmanship contains provisions governing the Deloitte & Touche LLP was
of the HR Committee from Mr disclosure of information by CCS appointed by the Minister for Trade
Lam Chuan Leong. The committee staff. CCS officers are also bound and Industry in consultation with
members are Mr Aedit Abdullah, by CCS’s code of conduct and the Auditor-General to audit the
S.C., who was appointed to the HR are obliged to adhere to internal accounts of CCS. The audited
committee with effect from 1 July policies to avoid conflict of interest. accounts are duly approved by
2013, and Mr Toh Han Li, who joined the Commission and the Minister
the committee after assuming Audit Committee for Trade and Industry. The Auditor-
the position of CE, CCS, on 1 The Audit Committee is chaired General is also kept informed of
October 2013. The HR Committee by Mr Wong Yew Meng, with Dr these Audit reports.
advises the Commission on the
CCS Case Management Workflow
Notifications for Decision Decision issued
Evaluations/ Guidance issued
Notifications for guidance Investigations
Leniency Applications Proposed Infringement
Decisions/ Infringement
Closed Decisions
Complaints
Preliminary
Other leads Enquiries Closed
