The following Practice Compliance guidance note provides comprehensive and up to date legal information covering:
Bribery and corruption remain major issues in world trade, despite the many dedicated efforts to prevent them. They are very damaging to the societies in which they occur. They:
divert money and other resources from those who need them most;
hinder economic and social development;
damage firms, not least by increasing the cost of goods and services.
Our legal obligations are primarily governed by the Bribery Act 2010 (BA 2010). BA 2010 affects us as a UK commercial organisation if bribery occurs anywhere in our firm.
We run our firm with integrity and in an honest and ethical manner. All of us must work together to ensure it remains untainted by bribery or corruption.
This policy is a crucial element of that effort. It has the full support of [Senior management]. It sets out the steps all of us must take to prevent bribery and corruption in our firm and to comply with relevant legislation.
If you have any questions on this policy, please contact [your line manager OR the Anti-bribery and Corruption Officer (ABC Officer) OR [other]].
What are bribery and corruption?
Corruption is the misuse of office or power for private gain.
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