January 24, 2023
Source: Tapanakorn
Building a better business is always unfinished work and requires business owners to update their policies regularly. There is always more to do to empower your staff.
Every business should perform in full respect of the laws of the land. For most UK businesses, an anti-bribery policy is not a requirement as per the law. Still, the Bribery Act 2010 makes it illegal for anyone in the UK to give or receive a bribe. An employee who conducts a bribery act by either taking or giving will be held accountable for such actions in a company. Offences under the Bribery Act carry heavy fines and sometimes jail sentences.
Working under the set rules and regulations will enable you to uphold a high reputation in every part of your business operations. In this blog, we will look at some expert ways to set anti-bribery and corruption objectives for your business.
Before you set about creating an anti-bribery policy in the workplace, it would be best to start by understanding the aims you want to include. For example, they could be:
After creating your anti-bribery and corruption objectives in the workplace, the next step is ensuring the policy works effectively. Consider the following methods:
Creating and implementing an anti-bribery policy can be daunting. Here are the essential steps to follow to ensure its success:
As a global business, we take anti-bribery and corruption policies very seriously and have a zero-tolerance approach to breaches by any party we interact or transact with. Find out how our governance objectives align with our values in our first annual ESG report.
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