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10

OVERVIEW

CCS ANNUAL REPORT 2015-2016

CHAIRMAN & COMMISSION

MEMBERS

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.

CORPORATE

GOVERNANCE

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 staff.

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 Wong Yew Meng, with Dr Andrew

Khoo and Professor Phang Sock Yong

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 LLP was appointed by

the Minister for Trade and Industry in

consultation with the Auditor-General

to audit the accounts of CCS for FY

2015. 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.