This article first appeared in El Mercurio on December 10, 2015
Camanchaca and each of its domestic and foreign subsidiaries have adopted a crime prevention model of Law 20,393 on criminal liability of legal persons, which allows, among other things, to combat and prevent the crimes of bribery of national or foreign public officials, money laundering, and financing of terrorism.
This certification certifies that Camanchaca – controlled by Jorge Fernández – has controls and procedures that ensure that it complies with its duties of management and supervision of its directors, executives, representatives, and collaborators, preventing and mitigating the risks of any of the crimes described. At the same time, it safeguards the company’s liabilities.
The certification -for two years- is in charge of the consulting firm BH Compliance, which carried out an extensive analysis that concluded with the improvement of the control processes.