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CORPORATE GOVERNANCE
CHAIRMAN& COMMISSIONMEMBERS
The Commission oversees the core work of CCS. It comprises the Chairman
and eight Commission Members.They bring with them their expertise in legal,
economic and financial domains from the public and private sectors.The
Chairman and Commission Members are appointed by the Minister for Trade
and Industry.The non-executive Commission Members are remunerated
based on Public Service Division (“PSD”) guidelines.
HUMAN RESOURCE (HR) COMMITTEE
The CCS HR Committee was set up in August 2007.Ms. Chia Aileen is
the Chairman of the HR Committee.The committee members are Ms.
Chionh Sze Chyi Mavis, S.C. and Mr.Toh Han Li.The HR Committee advises
the Commission on the formulation and implementation of appropriate
HR policies as part of its continuous effort to ensure that CCS is a choice
employer. It also oversees staff performance appraisals to ensure that staff
are being objectively appraised and rewarded, as well as manages and
decides on internal disclosure and staff disciplinary cases.
BUSINESS & ETHICAL CONDUCT
All CCS officers are subject to the provisions of the Official Secrets Act, as
well as the Statutory Bodies and Government Companies (Protection of
Secrecy) Act. In addition, the Competition Act contains provisions governing
the disclosure of information by CCS officers. CCS officers are also bound by
CCS’s Code of Conduct and are obliged to adhere to internal policies to avoid
conflict of interest.
AUDIT COMMITTEE
The Audit Committee is chaired by Mr. Kan Yut Keong,with Dr.Andrew
Khoo and Prof. Euston Quah as members.The Audit Committee’s main
responsibilities are to assist the Commission in carrying out its responsibilities
in areas relating to internal controls, auditing, financial and accounting
matters, regulatory compliance, and risk management. In addition, the
Audit Committee reviews the audited annual financial statements and
the adequacy of CCS’s accounting, internal control systems with the
management, external auditors and internal auditors.
EXTERNAL AUDIT FUNCTIONS
Deloitte &Touche LLPwas appointed by the Minister for Trade and Industry
in consultation with the Auditor-General to audit the accounts of CCS for FY
2016.The audited accounts are duly approved by the Commission and the
Minister for Trade and Industry.The Auditor-General is also kept informed of
these audit reports.
COMPETITION COMMISSION OF SINGAPORE
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