PERU LNG 2021 Annual Report
ANNUAL REPORT
PERU LNG 2021
CHAPTER 6
WORKING WITH RESPONSIBILITY AND
COMMITMENT
ANTI-CORRUPTION
PERU LNG's corporate practice is based on strict
standards of excellence and business ethics and
the company is subject to Peruvian anti-corruption
legislation. Furthermore, the company complies with
international standards, among which is the U.S.
Foreign Corrupt Practices Act or FCPA. It is important to
note that applicable Peruvian law sanctions public and
private companies for corruption, money laundering
and terrorist financing with administrative penalties
that vary from fines to closure and/or dissolving
company.
PERU LNG therefore has a corruption prevention policy
aimed at encouraging zero tolerance of corruption and
similar crimes. By means of this policy, the company
has approved a system for preventing corruption, which
sets the criteria, assumptions, guidelines, procedures
and controls applicable in PERU LNG to the prevention
of and fight against corruption.
In order to reinforce the anti-corruption framework,
this system contains different instruments that
seek to encourage and disseminate rejection of
corruption, money laundering and other crimes; it
also incorporates relevant United States legislation.
We have guidelines for preventing corruption and
economic sanctions in the United States, which are
intended to lay the foundations for effective anti-
corruption measures, and due diligence procedures
concerning anti-corruption and sanctions based
principally upon knowing the company's counterparty
in any commercial relationship so as to be able to
identify any corruption-related risk. It is important to
note that all collaborators, representatives, directors
and staff of our commercial partners and others with
whom we do business must comply with the system's
regulations.
PERU LNG has a Prevention Committee, a consultative
body which examines complaints and determines the
final outcome of such cases; it also has a prevention
officer who is responsible for ensuring proper
implementation, supervision and monitoring of the
prevention system.
In this regard, during 2021 PERU LNG reinforced its.
permanent commitment to the integrity of its activities
by giving training sessions on the subject to employees.
During 2021 PERU LNG also continued working
on its regulatory framework (self-regulation). We
concentrated on updating and improving the corruption
prevention system and carried out a review of the risks
facing our activity. In addition, our Legal Department
continued to provide support and advice to the
Prevention Department concerning the application
of our internal guidelines, as well as legislation and
applicable regulatory aspects.
PERU LNG'S CORPORATE
PRACTICE IS BASED ON STRICT
STANDARDS OF EXCELLENCE
AND BUSINESS ETHICS AND
THE COMPANY IS SUBJECT TO
PERUVIAN ANTI-CORRUPTION
LEGISLATION.
48View entire presentation