For the purposes of resource integration between public sector and private sector, encouragement of purchasing green products and participating environmental protection activities, leading the public to live a sustainable lifestyle, expansion of the green consumer market, and promotion of the green economy, Green Point Collection Program (“the Program”) was officially launched by the Environmental Protection Administration (“EPA”) in December 2015. So far, the preliminary achievements have been obtained. As of November 29, 2020, 547,548 members registered with the Program and a number of well-known merchants joined the Program as the designated institutions. Through the implementation of the Program, the key factors which affect the effectiveness of the Program have been identified, including the participation of actors from different industries, collaboration between public sector and private sector, the enhancement in number of member and the designated institutions. Given that the members registered with the Program, designated institutions and relevant transactions have significantly increased, it was necessary to review and adjust the supervision and inspection mechanism of the Program and to ensure the continuous implementation of such supervision and inspection so as to reduce the risk and issues related to the financial settlement operation or regulations and to enhance the protection and to consolidate the trust of all stakeholders, such as consumers. Given the considerations abovementioned, the Project for Supervision and Inspection of Green Point Collection Program (“Project”) was proposed.
The targets of this Project for the first year are as follows:
1. To audit and supervise the Program, review and revise the relevant operation procedures, and assist the EPA in the management of Green Point Platform.
2. To review relevant legal framework, ensure the legality of contracts and documents, and to assist the EPA in reviewing relevant documents and providing recommendations in the manner of consisting with the optimization strategy of the Program.
3. To review and provide advice regarding the mid-term and long-term milestones of the Program with a rolling approach.
A. Audit and Supervision
Regarding the audit and supervision, the Project team has performed the tasks according to the "Operation Procedures for Management of Supervision and Audit of Green Point Collection Program", to review whether there is any discrepancy between the plan of Program and the actual performance.
a. Cash Flow Audit
Regarding audit of cash flow, the Project team verified the monthly transaction data of the designated institutions and conducted sample check of more than 25% of source documents held by the designated institutions. The result shows that the payment made to the designated institutions generally complies with the "Operation Procedures for Management of Supervision and Audit of Green Point Collection Program".
b. Information Audit
Regarding information audit, the Project team conducted information audit on a monthly basis. The Project team filed the result report and recommendation based on the performance review of the information security management, information process and system operation and the external system interfacing of Green Point Collection Program Platform. The Project team also assisted the Green Point Collection Program Application to pass the information Security Testing and the test result showed the compliance with the Basic Standards of Mobile Application Information Security.
B. Review of the legal framework and relevant documents
Regarding maintenance of regulatory consistency, the Project team submitted recommendation on amendment of Rule on Green Point Operation, to clearly incorporate the reward standard of Green Point into the Program. Besides, the Project team provided the draft amendment on partial articles of Resource Recycling Act for EPA to develop a complete green product management institution. The project team will further provide advice on the promotion of the Green Procurement according to the instruction of EPA. Moreover, this Project team assisted to draft and review at least 10 contracts, including the license agreement of Line sticker and relevant work, renewal agreement on cooperation with designated institutions, subscription agreement of Green Point, non-disclosure agreement and other operation contract. The Project team also updated the content of Q＆A and the notice on protection of consumer rights and interest.
C. Conception and Implementation for Policy Planning
The ongoing items related to the promotion of the Program include the task on encouraging the public authorities to reward Green Point as gift to the public, and the task of incorporating the corporate’s participation of the Program into the criteria of the Corporate Regulation Evaluation System. The Project team also worked on the task of cooperation with Ministry of Justice on the National Competition of Laws ＆ Regulations Database Application, the task of enabling the members to donate the Green Point to designated charities and the task of the Green Point Platform outsourcing assessment.