Anti-bribery and corruption—code of ethics
Anti-bribery and corruption—code of ethics

The following Risk & Compliance precedent provides comprehensive and up to date legal information covering:

  • Anti-bribery and corruption—code of ethics

[Insert organisation name] takes great pride in the way we conduct our business. Our Code of ethics embodies the standards and policies under which we operate. It applies to us all. Please take care to read the Code, understand it and use it to guide you in your work. If you have any questions about the Code and its application, you should speak with [insert contact details].

Bribery occurs when anyone authorises, offers, solicits, gives, receives or accepts anything of value, or any financial or other advantage, in exchange for favourable treatment by a company, government authority, official or employee.

Bribes can include cash payments, gifts, favours, any item or service of value, or any other financial advantage.

Most countries enforce laws prohibiting bribery and corruption. Many of these laws apply even when the wrongful conduct is committed outside the country’s own borders and/or by citizens of other countries, such as the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act 1977.

Violations of these laws are often treated as criminal acts and can result in convictions of both corporations and individuals, including large fines and prison sentences.

To comply with bribery laws, we must:

  1. avoid making or receiving any improper payments either directly to or from another commercial party, [client OR customer], [client’s OR customer’s] representative or a government employee or official

  2. not make any such payments

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