The Whistleblowing Policy aims to provide a trusted avenue to all stakeholders including employees, vendors, service providers, customers and other stakeholders to report serious misconduct or concerns in relation to fraud, controls or ethics, without fear of reprise when whistleblowing reports made in good faith. The Whistleblowing Policy sets out the procedures for the whistleblower to make a report to CapAllianz on misconduct or wrongdoing relating to CapAllianz and/or its officers. This Whistleblowing Policy also facilitates independent investigation of the reported concern as well as follow-up actions to be taken for whistleblowing reports made in good faith.
The reportable incidents for whistleblowing in general include:
- all forms of financial or non-financial malpractices or impropriety such as corruption, acts of fraud, bribery or theft;
- failure to comply laws and regulations;
- serious conflict of interest without disclosure;
- breach of CapAllianz’s policies or Code of Conduct;
- concealing information about any of the above malpractice or misconduct; and
- any other serious improper conduct that may cause financial or nonfinancial loss to CapAllianz or damage its reputation.
CapAllianz has designated an independent function to investigate whistleblowing reports made in good faith. The Audit Committee of CapAllianz is responsible for oversight and monitoring of whistleblowing. The whistleblower should report his/her concern to the Audit Committee Chairman, who is responsible for handling the reported cases and ensuring the concerns raised are properly investigated by the key management of the Group or such parties as appropriate. All investigations will be taken from a neutral standpoint, without any presumption of wrongdoing, and to be conducted discreetly.
Concerns are preferred to be raised in writing via:
Mail: Audit Committee Chairman
8 Wilkie Road
#03-01 Wilkie Edge
CapAllianz is committed to ensure protection of the whistleblowers against detrimental or unfair treatment. All concerns raised will be independently assessed based on the merit of their content, without regard to the identity of the whistleblower or the accused, by the Audit Committee to ensure that they are fairly and properly considered. CapAllianz will take all reasonable steps to ensure that the identity and concerns raised by whistleblowers will be kept confidential, unless subject to legal or regulatory requirements to reveal to parties such as lawyers, police or investigators. In such instances, CapAllianz will generally inform the whistleblower in advance and advise him/her of the process.
This whistleblowing reporting channel is not intended for reporting issues that are (i) not factual; or (ii) trivial, frivolous and vexatious in nature; or (iii) where the reported matter or subject has no relevance to the Group.
CapAllianz may modify and update this Whistleblowing Policy to maintain compliance with applicable laws and regulations or accommodate organizational changes within the Group.