Wednesday, 23 May 2012
Anti-corruption policyThe Bribery Act came into force on 1 July 2011. Bribery is defined as giving someone a financial or other advantage to encourage that person to perform their functions or activities improperly or to reward that person for having already done so .i.e. to seek to, or actually to influence a decision-maker by giving some kind of extra benefit to that decision maker rather than by what can legitimately be offered as part of a tender process. Your business could be liable if a very senior person in the organisation (for example, a managing director) commits a bribery offence or if someone who performs services for you – like an employee or agent – pays a bribe specifically to get business, keep business, or gain a business advantage for your organisation. To protect yourself, you need to have a full defence for any such allegations, and can avoid prosecution if you can show that you had adequate procedures in place to prevent bribery. What counts as adequate will depend on the bribery risks you face and the nature, size and complexity of your business. This one-page anti-corruption policy will help you to clarify your company's position on bribery. Member price: FREE Non-member and introductory member price: £3.99 |
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