This half-day course equips accountants, auditors, and finance professionals with the essential knowledge to identify and prevent anti-competitive behaviors under Singapore's Competition Act. Participants will explore various forms of collusion, including bid rigging, price-fixing, and market sharing, while learning to detect red flags and apply investigative techniques such as data analytics and forensic reviews.
The course will also emphasise compliance with professional standards, focusing on fostering transparency, fairness, and ethical procurement practices.
By the end of the session, participants will be empowered to safeguard competitive integrity in procurement and protect their organisations from legal and reputational risks.
On the completion of this course, you will be able to:
- Identify and detect anti-competitive practices;
- Analyse procurement processes for collusion risks;
- Apply compliance measures under the Competition Act;
- Foster ethical practices in procurement; and
- Integrate anti-collusion assessments into audit functions
Programme Outline
Introduction to Anti-Competitive Behaviours- Overview of the Competition Act (Chapter 50B)
- Role of the Competition and Consumer Commission of Singapore (CCCS)
Type of Anti-Competitive Behaviour- Cartel agreements - price fixing, bid-rigging, market sharing, and output restrictions
- Vertical agreements - exclusive supply arrangements and resale price maintenance
- Abuse of dominant position – predatory pricing, tying arrangements, refusal to supply
- Anti-competitive mergers
Deep Dive into Bid Rigging- Types of bid rigging – bid suppression, complementary bidding, bid rotation, sub-contracting
- Red flags and indicators – identical bids, bid patterns, pricing anomalies
- Case studies from CCCS
Detecting Anti-Competitive Behaviours- Price-fixing – parallel price changes across competitors
- Market sharing – companies avoiding competition in specific geographical areas
- Abuse of dominance – unfair pricing or exclusionary tactics
Preventing Anti-Competitive Behaviours- Building compliance programs – internal audits, monitoring procurement processes
- Training and awareness
- Collaborating with CCCS
Interactive Session: Case Studies- Group activity – spotting red flag
Training MethodologyLecture style with case studies, videos, hands-on activities as well as short quizzes to enhance interactivity and to anchor key takeaways for practical application.
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
The course is designed for accountants, auditors, and finance professionals involved with functions such as procurement oversight, financial reporting, compliance, and internal or external auditing. With the increasing focus on fair competition and regulatory compliance in business operations, this course is highly relevant for professionals at both foundational and intermediate levels. Participants will benefit from practical insights into detecting and preventing anti-competitive practices, whether they are newly exploring competition risks or seeking to enhance their existing expertise in compliance and ethical procurement practices.
Competency Mapping
Category 2 = 3.50 Hours
Schedule & Fees
Date & Time
08 May 2025 (9:00 AM - 12:30 PM)
Fee (inclusive of GST)
SGD pricing -
For Members:
$ 188.57
For Non-Members:
$ 224.54
Programme Facilitator(s)
Yoong Ee Chuan
Venue
Live Webinar in or outside of
Singapore
Testimonial
Funding
1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.
This course is approved for UTAP support for intakes conducted between 19 March 2025 – 31 March 2027.
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.
- Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
- Course by training provider must be supported under UTAP and training must commence within the supported period and;
- Unfunded course fee must not be fully sponsored by company or other types of funding
- Unfunded course fee must be S$20.00 and above, and;
- Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
- UTAP application must be made within 6 months after course ends.
To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008
Programme Facilitator(s)
Yoong Ee-Chuan
Founder and Managing Director
RxE Integrity Advisory
Yoong Ee-Chuan is the founder and Managing Director of RXE Integrity Advisory, a consultancy specializing in governance, risk management, and compliance. He leads a team committed to helping organizations implement effective systems to ensure transparency, integrity, and strong governance.
With extensive experience in accounting, audit, and IT security, Ee-Chuan drives initiatives in fraud risk management, internal audit, IT security, governance, and cybersecurity. He has extensive exposure to non-profit board roles, having served as Audit Committee Chairperson, Treasurer, and Board Member. He previously served as the Head of Internal Audit at an institution of higher learning, overseeing operational, compliance, and IT audits. He has also led data analytics and forensic investigations and supported training in procurement audits, fraud risk management, and internal controls. As an Agency Chief Information Security Officer, he spearheaded enterprise-wide IT Security, Governance, and Cybersecurity initiatives.
Ee-Chuan is a Fellow Chartered Accountant (FCA) with ISCA and holds multiple certifications, including Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified Internal Auditor (CIA), ISCA Financial Forensics Professional (ISCA(FFP)), Certified Fraud Examiner (CFE), ASEAN CPA. He is also an active trainer with ISCA, delivering Continuing Professional Development (CPD) courses for its members.
This half-day course equips accountants, auditors, and finance professionals with the essential knowledge to identify and prevent anti-competitive behaviors under Singapore's Competition Act. Participants will explore various forms of collusion, including bid rigging, price-fixing, and market sharing, while learning to detect red flags and apply investigative techniques such as data analytics and forensic reviews.
The course will also emphasise compliance with professional standards, focusing on fostering transparency, fairness, and ethical procurement practices.
By the end of the session, participants will be empowered to safeguard competitive integrity in procurement and protect their organisations from legal and reputational risks.
On the completion of this course, you will be able to:
- Identify and detect anti-competitive practices;
- Analyse procurement processes for collusion risks;
- Apply compliance measures under the Competition Act;
- Foster ethical practices in procurement; and
- Integrate anti-collusion assessments into audit functions
Programme Outline
Introduction to Anti-Competitive Behaviours- Overview of the Competition Act (Chapter 50B)
- Role of the Competition and Consumer Commission of Singapore (CCCS)
Type of Anti-Competitive Behaviour- Cartel agreements - price fixing, bid-rigging, market sharing, and output restrictions
- Vertical agreements - exclusive supply arrangements and resale price maintenance
- Abuse of dominant position – predatory pricing, tying arrangements, refusal to supply
- Anti-competitive mergers
Deep Dive into Bid Rigging- Types of bid rigging – bid suppression, complementary bidding, bid rotation, sub-contracting
- Red flags and indicators – identical bids, bid patterns, pricing anomalies
- Case studies from CCCS
Detecting Anti-Competitive Behaviours- Price-fixing – parallel price changes across competitors
- Market sharing – companies avoiding competition in specific geographical areas
- Abuse of dominance – unfair pricing or exclusionary tactics
Preventing Anti-Competitive Behaviours- Building compliance programs – internal audits, monitoring procurement processes
- Training and awareness
- Collaborating with CCCS
Interactive Session: Case Studies- Group activity – spotting red flag
Training MethodologyLecture style with case studies, videos, hands-on activities as well as short quizzes to enhance interactivity and to anchor key takeaways for practical application.
Closing Date for Registration
1 week before programme or until full enrolment.
Intended For
The course is designed for accountants, auditors, and finance professionals involved with functions such as procurement oversight, financial reporting, compliance, and internal or external auditing. With the increasing focus on fair competition and regulatory compliance in business operations, this course is highly relevant for professionals at both foundational and intermediate levels. Participants will benefit from practical insights into detecting and preventing anti-competitive practices, whether they are newly exploring competition risks or seeking to enhance their existing expertise in compliance and ethical procurement practices.
Competency Mapping
Category 2 = 3.50 Hours
Programme Facilitator(s)
Yoong Ee-Chuan
Founder and Managing Director
RxE Integrity Advisory
Yoong Ee-Chuan is the founder and Managing Director of RXE Integrity Advisory, a consultancy specializing in governance, risk management, and compliance. He leads a team committed to helping organizations implement effective systems to ensure transparency, integrity, and strong governance.
With extensive experience in accounting, audit, and IT security, Ee-Chuan drives initiatives in fraud risk management, internal audit, IT security, governance, and cybersecurity. He has extensive exposure to non-profit board roles, having served as Audit Committee Chairperson, Treasurer, and Board Member. He previously served as the Head of Internal Audit at an institution of higher learning, overseeing operational, compliance, and IT audits. He has also led data analytics and forensic investigations and supported training in procurement audits, fraud risk management, and internal controls. As an Agency Chief Information Security Officer, he spearheaded enterprise-wide IT Security, Governance, and Cybersecurity initiatives.
Ee-Chuan is a Fellow Chartered Accountant (FCA) with ISCA and holds multiple certifications, including Certified Information Systems Auditor (CISA), Certified Information Security Manager (CISM), Certified Internal Auditor (CIA), ISCA Financial Forensics Professional (ISCA(FFP)), Certified Fraud Examiner (CFE), ASEAN CPA. He is also an active trainer with ISCA, delivering Continuing Professional Development (CPD) courses for its members.