Management of risks associated with corruption and conflict of interest at SIA “Rīgas namu pārvaldnieks”
In accordance with the Corporate Governance Code, SIA “Rīgas namu pārvaldnieks” (hereinafter – Company) is committed to take measures to ensure ethical, responsible, sustainable, and transparent corporate governance, duly respecting the interests of the Company and its members, promoting the achievement of the Company’s objectives and the interests of the Company’s clients to receive quality property management services. Managing corruption and conflict of interest is essential for achieving the objectives set out in the Corporate Governance Code. It is important to use preventive tools to mitigate corruption and minimise the likelihood of corruption.
The Company manages corruption and conflict of interest in accordance with the Policy on Prevention of Conflict of interest and Corruption, setting out the objectives – to ensure effective functioning of the Company’s system for preventing conflict of interest and corruption, to ensure preventive measures and actions for combating corruption and the risk of conflict of interest , to set a controlled environment, as well as to reduce and prevent violations of legal provisions, establishing the requirements for the prevention of conflict of interest for public officials, and corrupt activities.
To ensure the achievement of the objective set in the Policy on Prevention of Conflict of Interest and Corruption, the Company has implemented and ensures the management of corruption and conflict of interest in accordance with the Cabinet Regulation No. 630 “Regulations Regarding the Basic Requirements for an Internal Control System for the Prevention of Corruption and Conflict of Interest in an Institution of a Public Person”, as adopted on 17 October 2017, Riga City Municipality Anti-Corruption Strategy 2018 – 2021, recommendations and best practices of the Corruption Prevention and Combating Bureau.
To mitigate the risks of corruption and conflict of interest, the Company:
Please be informed that in order to provide the necessary protection and confidentiality to any person who reports a potential conflict of interest of officials or other infringements by officials or employees falling within the category of corruption cases , the functions of the contact point in the Riga City Municipality are fulfilled by the Riga City Council Internal Inspections and Corruption Prevention Division (telephone number: 67026859, 67012031, e-mail: firstname.lastname@example.org).