CHAMBER OF COMMERCE AND INDUSTRY OF THE REPUBLIC OF ARMENIA

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“Promoting Anti-Corruption Conduct and Reform” Project was launched

“Promoting Anti-Corruption Conduct and Reform” Project was launched

On  Octoberb 2-5, the “Armenia: Promoting Anti-Corruption Conduct and Reform” project, which is implemented by the Center for International Private Enterprise (CIPE), the Armenian Lawyers Association, the Corporate Governance Center and the Yerevan Chamber of Commerce and Industry was launched.

The objective of “Armenia: Promoting Anti-Corruption Conduct and Reform” project is to introduce anti-corruption programs in Armenia’s businesses, which will contribute to the insemination of the values of corporate governance and ethics in Armenia. Within the framework of the project, it is also envisaged to work closely with small and medium enterprises to raise awareness about the Anti-Corruption Compliance Program.

During the days of the training, Ms Yuliya Glubokaya, Deputy Compliance Officer of VimpelCom Company, introduced the Anti-Corruption Compliance Program to the participants. She presented the self assessment tool on ACC, successful experience, as well as Armenian and international contexr for AAC. She also spoke about the independence of the compliance function. The discussion also covered anti-corruption policy; conflict of interest policies; as well as policy on giftsand hospitality; policy on commercial sponsorships, social investments and charitable contributions.

According to her, this is also an opportunity to develop business and attract investments from a number of foreign companies in Armenia, as it is important for such companies that the organizations have an Anti-Corruption Compliance Program.

At the end of the program participant received certificates.