Bhutan Takes a Major Step Forward in Corporate Compliance Programs
Strengthening the Fight Against Corruption
The Government of Bhutan has announced a range of measures aimed at enhancing corporate compliance and accountability, further strengthening its fight against corruption.
Launch of myACC Mobile App
At the heart of these reforms is the launch of a new mobile app, myACC, which allows citizens to report corruption and track the status of their complaints. The app is available on both Android and iOS platforms and is expected to revolutionize the way people interact with the Anti-Corruption Commission (ACC) and report instances of corruption.
Online Platform for Asset Declaration
Another key initiative is the development of an online platform for asset declaration by public officials. The system aims to:
- Detect and prevent illicit enrichment
- Manage conflicts of interest
- Promote public trust through greater accountability and transparency
Guidelines on Suspension of Business Licenses
The ACC has introduced guidelines on the suspension of business licenses in cases of corruption, designed to ensure clarity and consistency in the application of this section of the law.
Online System for Reporting Corruption
myACC is an online system that allows citizens to report corruption and track the status of their complaints using a unique registration number provided upon reporting a complaint.
Revised Asset Declaration Rules 2022
In a move aimed at enhancing transparency and accountability, the government has revised the Asset Declaration Rules 2022. The new rules aim to:
- Detect and prevent illicit enrichment
- Facilitate management of conflicts of interest
- Promote public trust through greater accountability and transparency
Online Platform for Public Official Asset Declaration
The ACC has also launched an online platform for asset declaration by public officials, which aims to detect and prevent illicit enrichment, manage conflicts of interest, and promote public trust through greater accountability and transparency.
His Majesty’s Statement
In a statement, His Majesty the King emphasized the importance of accountability in governance, saying that it must become the cornerstone of Bhutan’s system and nation. He urged citizens to report corruption and make a valuable contribution towards a resilient, accountable, and corruption-free Nation.
A Major Step Forward in the Fight Against Corruption
The measures announced by the ACC are seen as a major step forward in the fight against corruption in Bhutan. They demonstrate the government’s commitment to promoting transparency, accountability, and integrity in business dealings and are expected to have a significant impact on the country’s efforts to combat corruption.