the instructions for the preparation and presentation of the Transparency and Business Ethics Program for ESAL.

_{¹ Within these entities we can find: associations, foundations, corporations, solidarity economy entities such as cooperatives, employee funds, mutual associations, citizen watchdogs, foreign non-profit private law entities domiciled abroad.}

Who should implement it?

All ESAL - domiciled in the Capital District of Bogotá and under the inspection, surveillance and control of the Office of the Mayor of Bogotá, are required to prepare, submit and implement a Business Ethics and Transparency Program, including those that are in the process of dissolution and/or liquidation.

Types of Transparency and Business Ethics Programs.

There are two (2) types:

1. Integral Business Ethics and Transparency Program (PTTEE-I). ESAL must prepare, submit, and implement the PTTE-I, if they meet one or more of the following conditions:

• Total assets as of December 31, 2022, are equal to or greater than one thousand (1,000) legal monthly minimum wages.
• That they have implemented a risk management system.

2. Simplified Business Ethics and Transparency Program (PTEE-S). This program must be prepared, submitted and implemented by ESALs - that meet the following conditions:

• That their total assets as of December 31, 2022 are less than one thousand (1,000) legal monthly minimum wages.
• That they have not implemented a risk management system.

How can we help you?

In Mazars we have professional experts for the compliance of this obligation and we put them at your disposal. In case you require support in the implementation or compliance with the obligations contained in this bulletin, please contact us at the contact emails and we will gladly analyze the best way to support you in your compliance.