Kinyarwanda: Ingingo ya 12: inshingano z’abari mu buyobozi bukuru ikigo cma cyiyemeje gukora ku buryo abari mu buyobozi bukuru bw‟amasosiyete buzuza inshingano zabo. ikigo cma gisaba abari muri ubwo buyobozi bukuru kwiha inshingano zo gufasha amasosiyete kumenya ibibazo byavuka, gushyiraho uburyo n‟imigenzurire binoze bifasha gukemura ibyo bibazo no gukora ku buryo ubwo buryo n‟iyo migenzurire bishyirwa mu bikorwa ku buryo bunoze. ikigo cma ntigishobora gukurikirana abari mu buyobozi bukuru igihe nta cyaha bakoze ku giti cyabo. nyamara ariko, iyo abari mu buyobozi bukuru baranzweho ubwabo n‟imyitwarire mibi ikigo cma gishobora kubakurikirana ubwabo no gukurikirana amasosiyete igihe bibaye ngombwa. ikigo cma cyemerako ibikorwa byo gukumira imikorere mibi bizagerwaho ku buryo bunoze igihe abakoze ibikorwa by‟imyitwarire mibi bashoboye gukurikiranwa kugira ngo babone ingaruka zabyo. ikigo cma cyemerako imiterere y‟ibikorwa byo gukurikirana abantu ku giti cyabo itandukanye cyane n‟imiterere y‟ibikorwa byo gukurikirana amasosiyete kandi kikanemerako umuntu ku giti cye agerwaho muri rusange n‟ingaruka z‟icyemezo cyo gukurikirana iyubahirizwa ry‟amategeko n‟amabwiriza kurusha sosiyete. izo ngaruka ni ingaruka zo mu rwego rw‟imari, mu rwego rwo kumenyekana no mu rwego rw‟imibereho. managers of firms fulfil their responsibilities. the cma expects senior management to take responsibility for ensuring firms identify risks, develop appropriate systems and controls to manage those risks, and ensure that the systems and controls are effective in practice. the cma will not pursue senior managers where there is no personal culpability. however, where senior managers are themselves responsible for misconduct, the cma will, where appropriate, bring cases against individuals as well as firms. the cma believes that deterrence will most effectively be achieved by bringing home to such individuals the consequences of their actions.
English: The cma recognises that cases against individuals are very different in their nature from cases against corporate entities and the cma is mindful that an individual will generally face greater risks from enforcement action, in terms of financial implications, reputation and livelihood than would a corporate entity. taking action against individuals sends an important message about the cma‟s regulatory objectives and priorities and the cma considers that such cases have important deterrent values. the cma is therefore committed to pursuing appropriate cases robustly. vigueur au moment de la survenance du comportement en question. article 12: responsabilité des cadres supérieurs la cma est déterminée à s‟assurer que les cadres supérieurs des sociétés s‟acquittent de leurs responsabilités. la cma demande aux cadres supérieurs d‟assumer la responsabilité permettant aux sociétés d‟identifier les risques, d‟élaborer des systèmes et des contrôles appropriés pour gérer ces risques et s‟assurer que les systèmes et les contrôles sont efficaces dans la pratique. la cma ne peut engager des poursuites contre les  cadres supérieurs en l‟absence de culpabilité personnelle. toutefois, lorsque les cadres supérieurs sont eux-mêmes responsables de l‟inconduite, la cma pourra, le cas échéant, engager des poursuites contre les individus et les sociétés. la cma estime que la dissuasion sera le plus efficacement réalisée en faisant ces individus subir les conséquences de leurs actes.