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PACE has declared itself that we want to be a part of CAC initiative since late 2014 as per details in the attachment.
Moreover, CAC will give certification to companies that have been externally verified for having put in place policy and compliance standards to prevent corruption as per criteria set by the CAC. This certification process is considerably more advanced than regional peers and many countries have expressed their keen interest to study the process and apply the concept with anti-corruption initiatives in the respective countries.
PACE is expecting to file for CAC certification within March 2016 in bidding for becoming the third listed company in PROPCON to get CAC certification.