Significance
- Features of ICMS:
- Comprehensive: Streamlined into five components and 15 actionable requirements.
- Practical: Grounded in both international standards and local good practices.
- Sustainable: Designed to evolve and adapt through regular reviews and continuous improvement.
- The Hong Kong Exchanges and Clearing Limited (HKEX) has incorporated the ICMS framework into its Corporate Governance Guide for Boards and Directors, which encouraged listed companies to adopt the ICMS.
Apart from aligning with applicable Listing Rules and best practices, ICMS also delivers 3 “A” benefits for every company
Adding Resistance against Corruption and Integrity Violations
Local and overseas authorities prioritise anti-corruption systems. Adopting ICMS fortifies the company’s resistance to corruption and integrity breaches, proactively mitigate risks, and foster ethical business culture.
Amplifying Business and Commercial Values
Clients of companies (e.g. government departments, private organisations) prioritise integrity when selecting business partners. Implementing ICMS demonstrates ethical commitment, boosts customer confidence, reinforces market position, and amplifies long-term commercial value through sustainable partnerships.
Attracting Investors
Global investors prioritise ESG. ICMS positions the company as an integrity leader, aligning with ESG expectations to signal sustainable value creation. This enhances reputation, boosts investor confidence (including those from the Belt and Road markets), and expands funding channels and market opportunities globally.
