Anti-bribery and corruption policy
Anti-bribery and corruption policy

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

  • Anti-bribery and corruption policy

    1. 1

      Introduction

      1. 1.1

        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:

        1. 1.1.1

          divert money and other resources from those who need them most

        1. 1.1.2

          hinder economic and social development

        1. 1.1.3

          damage business, not least by increasing the cost of goods and services

      1. 1.2

        Our legal obligations are primarily governed by the Bribery Act 2010 (BA 2010). BA 2010 affects us as a UK organisation if bribery occurs anywhere in our business.

      1. 1.3

        We run our business[es] with integrity and in an honest and ethical manner. All of us must work together to ensure [it OR they] remain[s] untainted by bribery or corruption.

      1. 1.4

        This policy is a crucial element of that effort. It has the full support of the [Board]. It sets out the steps all of us must take to prevent bribery and corruption in our business[es] and to comply with relevant legislation.

      1. 1.5

        If you have any questions on this policy, please contact [your line manager OR the Anti-bribery and Corruption Officer (ABC Officer) OR [other]].

    1. 2

      What are bribery and corruption?

      1. 2.1

        Corruption is the misuse of office or power for private gain.

      1. 2.2

        Bribery is a form of corruption. It includes offering, promising, giving, accepting or seeking a bribe.

      1. 2.3

        A bribe is a financial or other advantage, promised, requested or

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