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www.ccs.gov.sg

www.ccs.gov.sg

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www.ccs.gov.sg

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  1. www.ccs.gov.sg Leniency Fundamentals – How to Design & Implement an Effective Leniency Program 31 January 2013

  2. Outline 2. Implementation of Leniency Regime 3. CCS’ Leniency Regime – Key Features 1. Introduction to CCS 4. Outreach & Advocacy 6. Improvements & Revisions 5. Practical Challenges www.ccs.gov.sg

  3. Introduction to CCS • Competition Commission of Singapore (CCS) • Statutory body under Ministry of Trade and Industry • Implement and enforce the Competition Act • Powers of the CCS • Investigate any infringement • Decide on infringements • Impose sanction www.ccs.gov.sg

  4. Implementation of Leniency Program Mar Study and Review of Leniency programs from other jurisdictions Competition Act comes into Force 2005 2006 2008 2009 CCS begins enforcement of the Act CCS introduces Leniency Guidelines Formally www.ccs.gov.sg

  5. CCS’ Leniency Regime – Key Features • LeniencyProgrammesince 2009 • 1 successful leniency case - Electric Works Case • Increasing trend of international cartel applications • Challenges www.ccs.gov.sg

  6. CCS’ Leniency Regime – Key Features • Immunity from Financial Penalties for 1st applicant • Up to 50% reduction for subsequent applicants • Initial contact & Marker System • Invited Leniency • Leniency Plus www.ccs.gov.sg

  7. Outreach & Advocacy – Before Implementation • Educating Businesses • Ensuring Internal Framework / Processes strong • Safeguards CCS Guidelines on Lenient Treatment for Undertakings coming forward with Information on Cartel Activity www.ccs.gov.sg

  8. Outreach & Advocacy – After Implementation • Guidelines • Manga Comics • Information Booklets • Talks to Stakeholders • Animation Contests • Website Links www.ccs.gov.sg

  9. Practical Challenges Managing Applicant Cooperation Confidentiality Information Sharing Different Enforcement Regimes Right against self-incrimination Big MNCs Due Diligence Own statement or Applicant’s Process Identity of Individual Identity of Undertaking www.ccs.gov.sg

  10. Practical Challenges Pro Arguments Contra Arguments • Potential for quicker resolution • Enhances effectiveness • Coordination of Investigations • Capacity Building • Criminal vs Civil Regimes • Privilege against self-incrimination • Disincentive to seek leniency • Divergence in leniency frameworks Contra Pro www.ccs.gov.sg

  11. Improvements & Revisions • Periodic Review – Guidelines • Update of Internal Procedure Manuals • Alignment of Processes www.ccs.gov.sg

  12. Thank you. Questions? Harikumar Sukumar Pillay Deputy Director (Enforcement) Legal & Enforcement Championing Competition for growth and choice Email: harikumar_pillay@ccs.gov.sg www.ccs.gov.sg