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and Ethics
SHELL VS PETRONAS
PPB 3183
MANAGEMENT ETHICS AND
CORPORATE
GOVERNANCE
CONFLICT OF INTEREST
Petronas employees must
Shell employees must avoid avoid conflicts of interest
conflicts of interest between between personal dealings
their private activities and and their duties and
their part in the conduct of responsibilities in the
Shell business. conduct of PETRONAS’
business.
MONEY LAUNDERING
Anti-money laundering
Petronas employees should
provisions are designed to
not try to investigate the
help prevent legitimate
case by themselves. They
business from being used by
must report to the Head of
criminals for this purpose,
Department or the head of
and to assist law
operating unit, in
enforcement agencies to
consultation with other
trace and recover criminal
groups within Petronas,
assets and terrorist funding.
generally will be responsible
for decisions in this regard.
SUBSTANCE MISUSE
Shell provide employees with Petronas employees who are
health education found to have unauthorised
programmes to raise possession of any substance
awareness of the of misuse or who test
consequences and dangers positive for any substance of
of drug use and alcohol misuse are considered to
abuse. have committed an act of
misconduct which may
render them liable for
disciplinary action, including
termination.
INSIDER DEALING
Shell employees are
Petronas employees must
expected to abide by all
protect the confidential
applicable laws and
business information of
regulations regarding dealing
Petronas and its
in Royal Dutch Shell
counterparties, and never
securities. It is illegal to be
use it for your own benefit or
involved in ‘market abuse’
the benefit of other person
which involves spreading
especially not to trade in
false information or
shares or other securities or
engaging in activities
to recommend or cause a
designed to manipulate the
third party to do so.
price of publicly listed
securities.
SHELL
SHELL
VS
VS
PETRONAS
PETRONAS