May 7, 2010
OCEG is pleased to announce the issuance of a GRC Capability Design Certification for Dell Inc.’s Foreign Corrupt Practices (FCPA) Compliance Program. This certification indicates that Dell has met the design standards of the OCEG GRC Capability Model, commonly referred to as the Red Book. “This certification recognizes that Dell has properly applied Red Book practices regarding governance, risk management and compliance in designing its FCPA compliance program,” said Carole Switzer, President of OCEG. “While not a point in time certification of FCPA compliance, it is an acknowledgement that Dell has taken significant, proactive steps to design a program that will enhance its ability to appropriately prevent, detect and react to non-compliance.” “We are delighted to receive the OCEG certification as it recognizes our most recent efforts,” said Gracie Renbarger, Chief Ethics and Compliance Officer for Dell, “and our overarching goal has been and continues to be centered on ways to most effectively operationalize Dell’s longstanding and unwavering commitment to act legally and ethically in all we do.”“OCEG’s goal in creating the GRC Capability Certification was to enable a company and its stakeholders to gain transparency into the steps the company has taken to establish a strong and effective approach to governance, risk management and compliance (GRC). By following the practices set out in the Red Book, an organization can improve and mature its GRC capability and overall performance,” said OCEG Chairman, Scott Mitchell.GRC Capability Certification is available for an organization’s program addressing any risk area, such as anti-corruption, employment compliance or government contracts, for example, or it may be applied to key practices such as risk assessment, training or issue management across all risk issues a company faces. More information on the OCEG’s certification program is available at www.oceg.org/view/certification.
