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Tuesday, October 03, 2017, 14:06
Graft-buster to train managers at 2,000 listed HK firms
By Xinhua
Tuesday, October 03, 2017, 14:06 By Xinhua

The logo of the Independent Commission Against Corruption (ICAC) is seen in Hong Kong at ICAC headquarters building on March 30, 2012. (AARON TAM / AFP)

HONG KONG – Top managers of 2,000 companies listed in China's Hong Kong will receive online training by the region's graft-buster under a program to promote ethical governance and fight corruption.

The managers will get training under a program to promote ethical governance and fight corruption

In the coming year, the Independent Commission Against Corruption (ICAC) will launch a digital package on business ethics, titled "Corruption and Beyond", while its officers will conduct workshops and seminars for senior managers in companies, according to Tuesday's South China Morning Post.

READ MORE: HK remains corruption-free after 20 years

The commission's program coincides with the latest tightening of listing rules by the Hong Kong Exchanges and Clearing, under which companies have to disclose their anti-corruption policies to keep pace with international standards.

ALSO READ: Top graft-buster vows enhanced discipline inspection

Between 2012 and 2016, there were 13 prosecutions by the ICAC against senior managers of listed companies. In one of the cases, a bribe of HK$100 million (US$12.82 million) was involved.

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