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The Central Anticorruption Bureau, Polish Financial Supervision Authority And Warsaw Stock Exchange Launch Cooperation To Protect Market Safety And Credibility

Date 20/05/2014

  • CBA, PFSA and WSE have launched long-term cooperation to organise training and workshops fostering compliance culture in companies listed on WSE
  • The training aims to promote the compliance function among others in corporate projects

The Central Anticorruption Bureau (CBA), the Polish Financial Supervision Authority (PFSA) and Warsaw Stock Exchange have launched long-term cooperation to organise training and workshops fostering compliance culture in companies listed on WSE including the methodology of preventing and detecting corruption crime and non-compliance with capital market legislation.

The objective of the training and workshops is to promote the compliance function in corporate projects and to prevent risks in their business including:

  1. corruption;
  2. conflict of interest;
  3. influence peddling;
  4. non-compliance with capital market legislation.

 

The training will discuss among others risk management and compliance regulations, the origin and importance of the compliance function and the application of legal regulations in foreign institutions, building the compliance function in the area of public procurement, domestic experience in developing the compliance function especially among listed companies, as well as the outcome of scientific research in the field.

These activities aim to build confidence in the capital market, strengthen its functioning, foster organisational culture and reinforce the market in conditions of uncertainty and risk.