| Wed, 28 Feb 2024

Compliance Committee

Market Governance
Compliance Committee

The Compliance Committee (CC) is one of newly established WESM Governance Committees (WGCs) that was formally constituted in 2021. It provides support to the PEM Board on governance matters through the supervision of the conduct of enforcement and compliance proceedings. The CC monitors the compliance of the market participants with their obligations in pursuant to the WESM Rules, reviews the investigation of breach of the WESM Rules and Manuals and recommends imposition of sanctions or penalties if warranted.
The CC likewise oversees the WCO Certification and Registration Process in ensuring the compliance of the WESM Compliance Officers and the Training Service Providers with the WCO Certification and Registration Manual.

 


 

Members of the Compliance Committee (as of 01 November 2021):

 

Dr. Peter Lee U - Chairperson

Associate Professor and Dean
School of Economics and Associate Professor
University of Asia & the Pacific

 

Atty. Alejandre C. Duenas II

Founding Partner
Flaminiano Arroyo & Duenas (FADLaw) firm

Engr. Primo D. Lim III

Electrical & Instrumentation Consultant
Presidium Controls & Industrial Technologies Corp.

 

Compliance Committee Annual Report
Title Description Date Published File Type Size
Compliance Committee 2022 Annual Report The Compliance Committee's Annual Report provides for the review of the compliance-related results and the investigation reports of the Enforcement and Compliance Office (ECO) for alleged breaches. 28 Mar 2023 PDF 550 KB
Compliance Committee Work Plan
Title Description Date Published File Type Size
Compliance Committee Work Plan for 2023 The Compliance Committee Work Plan provides for the details of the program of activities of the Committee for 2023 consistent with Corporate Strategic Plan of PEMC for 2023-2025. 21 Apr 2023 PDF 173 KB