Anti-bribery and corruption policy
Introduction
Attwoods is committed to conducting its business ethically and in compliance with all applicable laws and regulations. This Anti-Bribery and Corruption (ABC) Policy outlines our commitment to preventing bribery and corruption in all forms and sets the standards for ethical conduct within our organisation.
Policy Statement
Attwoods prohibits any form of bribery, corruption, or unethical conduct in all its business activities. We are committed to maintaining the highest standards of integrity, transparency, and accountability.
Scope of the Policy
This policy applies to all employees, contractors, consultants, and anyone else working on behalf of Attwoods. It covers all business activities, including interactions with clients, suppliers, government officials, and other third parties.
Definition of Bribery and Corruption
Bribery is defined as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an individual in a position of trust or authority. Corruption is the abuse of entrusted power for private gain.
Prohibited Conduct
Attwoods strictly prohibits the following:
Offering, giving, receiving, or soliciting bribes or kickbacks
Facilitating payments to expedite routine governmental actions
Engaging in any form of corrupt practices
Gifts and Hospitality
Gifts and hospitality may be given or received provided they are reasonable, proportionate, and not intended to influence business decisions. Employees must obtain prior approval for gifts or hospitality exceeding a nominal value.
Reporting Violations
Employees must promptly report any suspected violations of this policy to their supervisor, manager, or the designated compliance officer. Reports can be made anonymously through the confidential reporting mechanism established by Attwoods.
Consequences of Violations
Violations of this policy will result in disciplinary action, which may include termination of employment or engagement, and may lead to legal action. Attwoods will fully cooperate with law enforcement authorities in the investigation and prosecution of bribery and corruption.
Training and Communication
Attwoods will provide regular training to employees on anti-bribery and corruption laws, policies, and procedures. We will also communicate updates and reminders to ensure ongoing awareness.
Review and Revision
This policy will be reviewed periodically to ensure its effectiveness and relevance. Changes may be made as necessary to address emerging risks and comply with changes in legislation.
By adhering to this Anti-Bribery and Corruption Policy, Attwoods reinforces its commitment to conducting business with integrity and upholding the highest ethical standards.
Follow us