Compliance and Ethics (CNE) has been designed to provide GAC employees with the knowledge and understanding of GAC’s compliance and ethics policies and GAC’s stance on ensuring that all its business is undertaken ethically and transparently.
GAC has always been committed to working within the specific requirements and spirit of all laws, regulations and GAC policies that ensure an honest, ethical and transparent environment, with integrity at its heart. Therefore, compliance and ethical business practices are nothing new to GAC. What is new is the increased focus the business community at large is putting on compliance and ethics.
The international world is responding with legislation to stamp out unethical and unfair practices. The UK Bribery Act 2010 and the US Foreign Corrupt Practices Act (FCPA) are just two examples of legislation in force which have a significant impact on GAC’s business operations across the globe.
Many of GAC’s prominent customers are now seeking evidence of compliance and ethics beyond ‘just words’. More and more, GAC’s ability to prove we operate ethically and within relevant legislation will determine whether we are eligible to secure new business.
The CNE course will provide the basis for GAC people to learn about this relevant legislation and take a proactive approach to ensure GAC remains an industry leader in the field of ethics and compliance.
The Compliance and Ethics course will cover the GAC Code of Ethics and the GAC policies relating to compliance and ethics including:
- GAC Anti-Bribery and Corruption Policy (inc. the FCPA and UK Bribery Act 2010)
- GAC Anti-Money Laundering Policy
- GAC Sanctions Policy and associated Guidelines
- GAC Whistleblowing Policy
- GAC Health, Safety, Security and Environment Policy
The course will be delivered in a self-paced format through GAClearn. Each module is self-paced and can be completed according to the participant’s schedule. The course is competency based, meaning that all modules are assessed through scenarios and a short test and culminates in a final quiz at the end of the course.
GCA eLearning courses require approximately five hours per week for all courses.
The GAC Group Management expects that all GAC employees are provided with sufficient time to complete the core requirements of each course within working hours.
“One of the great things about the CNE course is that it illustrates and emphasizes for the employee the commercial and social importance of compliance and ethics. I learned that GAC understands not only the importance of ethics to the wellbeing of the company bottom line, but also its importance to the wellbeing of employees, their families, customers, suppliers, the community and the environment. Knowing this is highly valuable and motivating for me in my position.”
GAC Norway AS
“For me, the CNE course is a better guidance of GAC compliance and ethics. Once I studied through the course, I got a better picture of how GAC troubleshoots the modern day in-house, commercial and financial issues. As a financial person, I am very interested in studying areas like: Anti-Money laundering, Anti- Corruption and Whistleblowing policies. Also, providing the relevant contacts amongst the GAC group to discuss our issues is really important. I believe complying our business and financial activities with local and international laws will certainly secure our position and increase our reputation among customers, shareholders, government bodies and all GAC employees.”
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