The Fair Player Club Seminar for Compliance and Business Ethics with Gwangju Metropolitan City
Global Competitiveness Empowerment Forum (GCEF) organized the Fair Player Club Seminar for Compliance and Business Ethics, co-hosted by Global Compact Network Korea (GCNK), Gwangju Metropolitan City and Gwangju Chamber of Commerce & Industry on September 22, 2016 at the Gwangju Chamber of Commerce & Industry, in Gwangju, Republic of Korea.
This seminar, sponsored by Ministry of Trade, Industry & Energy (MOTIE), Ministry of Interior (MOI), Anti-Corruption & Civil Rights Commission (ACRC), and Siemens Integrity Initiative and organized by Global Competitiveness Empowerment Forum (GCEF), was the third seminar in the second cycle of Fair Player Club (FPC) for participants from private enterprises and public organizations located in Gwangju.
The seminar introduced global and domestic trends of compliance and business ethics and anti-corruption policies, programs, and management systems and shared anti-corruption cases of public and private enterprises. The first Fair Player Club seminar with Seoul Metropolitan Government was held on July 14, 2016 at the Korea Press Center in Seoul, Republic of Korea, and the second Fair Player Club seminar with Busan Metropolitan city was held on September 20, 2016 at the Busan Chamber of Commerce & Industry in Busan, Republic of Korea.
Mr. NAM, Hun-ihl, Executive Vice-Chairman, Gwangju Chamber of Commerce & Industry said in his opening speech that "The introduction of Improper Solicitation and Graft Act creates new business opportunity by changing existing corporate practices. I sincerely hope that this seminar, aiming to support the new Act and increase capacity building of compliance and business ethics, can be helpful to many participants from organizations and enterprises located in Gwangju.”
Mr. SEOUNG, Moon-ock, Chairman of Audit & Inspection Commission of Gwangju Metropolitan City, said in his congratulatory speech that “I appreciate Gwangju Chamber of Commerce & Industry and Global Compact Network Korea (GCNK) for their efforts to co-host this seminar in Gwangju.” Also, he presented compliance and business ethics policy directions of Gwangju Metropolitan City, addressing the Improper Solicitation and Graft Act, internal control system of Gwangju Metropolitan City in 2016, and ethics policies for public officers.
Mr. KIM, Hyun-soo, Lawyer of Daehan Central Law Office, explained the background of the Improper Solicitation and Graft Act, history of anti-corruption in a global environment, significance of the Act, application scope, prohibited practices, and exceptional rules, and ombudsman system.
Mr. IM, Hong-jae, Vice President and Secretary-General of GCNK, presented CSR and global anti-corruption trends and introduced international regulations and conventions of anti-corruption including OECD Anti-Bribery Convention, UN Convention Against Corruption, and UK Bribery Act.
Ms. LEE Eun-kyung, Team Leader of GCNK, introduced global anti-corruption guidelines and compliance system and presented definition and types of corruption, risks of corruption and anti-corruption opportunities, global compliance materials, and anti-corruption ethics and compliance guidelines for business and SMEs.
Mr. PARK, Jong-kun (Ryan), Regional Compliance Officer of Siemens Ltd. Seoul, shared his company case regarding compliance and business ethics by introducing its compliance system, structure, and collective actions of Siemens AG and Siemens Ltd. Seoul, based on its founder’s philosophy as well as its strong belief that business should be built on compliance as its top priority. In addition, he promised to share its experience and know-how with enterprises in Republic of Korea.
Ms. Angela Joo-hyun KANG, Founder and Executive President of GCEF, introduced Fair Player Club and its activities. Also, she emphasized possibility of improvement of corporate culture through the Fair Play Pledge in the time of introduction of the Improper Solicitation and Graft Act and benefits of collective action between private and public sectors as well as among companies, even with competitors.
Fair Player Club will continue to endeavor for prevention of corruption risks of companies and strengthen their capacity by spreading importance of compliance and business ethics to companies nationwide in major cities, through public private partnership with metropolitan governments as well as local chambers of commerce and industry in Seoul, Busan, Gwangju, Daegu, Ulsan, Daejeon, and Incheon.