Please contact or submit a report to CGO using the following reporting channels: My CG App Helpline – 0999 993 0367 Email – firstname.lastname@example.org In writing to – MPTC Corporate Governance Office, 7th Flr. Locsin Bldg, Ayala Avenue cor Makati Ave. Makati City
You will need to update the form on an annual basis or as soon as you become aware of a potential conflict of interest situation or relationship. The annual disclosure is a mandatory procedure for all officers and employees to formally certify that they have observed the company’s rules concerning the Code of Business Conduct
What happens if the employee fails to comply or ignore the recommendations given by the immediate superior or CGO?
As with any policy, failure to comply could result in corrective or even disciplinary action. The company could also choose to void a transaction that involved an undisclosed conflict of interest.
If you ignore a situation and someone reports to the CGO of a potential COI situation then the penalties as defined in the policy shall become executory upon completion of due process.
Inhibit yourself from any paperwork, action, or decision with respect to the transaction wherein you have a possible conflict of interest.
The Immediate Superior in coordination with the CGO will discuss to determine the appropriate action to be taken to manage the conflict of interest which may include prohibiting the individual from participating in any discussion or decision about the transaction or business relationship.
Will the COI policy discourage employees from getting involved in external and/or entrepreneurial activities?
Integrity is an organizational core value, and a part of everyone’s job. Whenever possible, the immediate superior and CGO manages the conflicts and does not discourage part time job opportunities, starting up of a business, or continuing of studies. Disclosure of these external activities avoids potential conflicts by allowing an objective set of eyes to
This policy, in the interest of transparency, was intended to help protect the interest of the company and its directors, officers, employees, and consultants from unfounded accusations, or from accusations that your personal interests are compromising the integrity of your business-related actions and decisions. The disclosure also provides an opportunity for you and your immediate
How can I avoid conflict of interest or mitigate potentially damaging consequences of being in a conflict of interest situation?
Officers and employees must maintain a high degree of integrity and concern for the company’s interests. As soon as you become aware of the situation, disclosure can be done online by logging into the CG application or by downloading the form from the company intranet or website and submit it to your superior or directly
A conflict of interest happens when the private interest of a director, employee, consultant, and/or his affiliate interferes or appears to interfere in any way with the interest of the company. These include actions and decisions influenced or appearing to be influenced by a subjective concern and/or the personal interests of the director, employee, consultant,