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Doc# JHHRM01FM12Issue # 01Issue Date: 17122020Rev. Date:Page 1 of 13Code of Ethics Introduction The aim of this Code of Ethics (hereafter referred to as the Code) is to convey Holdings (Pvt) Ltd’s (hereafter
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How to fill out anti-corruption amp bribery policy

01
To fill out an anti-corruption and bribery policy, follow these steps:
02
Start by providing a clear introduction and purpose statement for the policy.
03
Clearly define what constitutes corruption and bribery within your organization.
04
Outline the consequences and disciplinary measures for engaging in corruption or bribery.
05
Specify the reporting procedures and channels for employees to report any suspected instances of corruption or bribery.
06
Include guidance on how to handle gifts, entertainment, and conflicts of interest.
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Establish a process for conducting regular risk assessments and audits to detect and prevent corruption and bribery.
08
Provide training and resources to educate employees on the policy and its implications.
09
Develop a system for monitoring and enforcing compliance with the policy.
10
Periodically review and update the policy to ensure its relevance and effectiveness.

Who needs anti-corruption amp bribery policy?

01
Any organization, regardless of its size or industry, can benefit from having an anti-corruption and bribery policy.
02
Companies operating in countries with a high corruption index or in industries prone to corruption risks often have a legal obligation to establish such policies.
03
Moreover, organizations that work with government entities, engage in international business dealings, or have a high level of interactions with external parties should have an anti-corruption and bribery policy in place.
04
Implementing this policy helps prevent unethical practices, maintain a trustworthy reputation, and protect the organization from legal and financial consequences.
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An anti-corruption and bribery policy is a set of guidelines and principles that organizations implement to prevent corruption and bribery within their operations. It outlines the organization's commitment to ethical practices and compliance with anti-corruption laws.
Organizations, businesses, and individuals that operate in jurisdictions where anti-corruption laws are applicable are required to file an anti-corruption and bribery policy. This often includes government contractors and entities involved in international trade.
To fill out an anti-corruption and bribery policy, organizations should outline their commitment to anti-corruption, specify the procedures for reporting misconduct, detail training for employees, and ensure compliance with relevant laws. It's essential to involve legal and compliance teams in this process.
The purpose of the anti-corruption and bribery policy is to promote ethical behavior, ensure compliance with legal requirements, prevent financial losses due to corruption, protect the organization’s reputation, and foster a culture of integrity.
Organizations must report information related to potential infractions, training conducted, evaluation of third-party relationships, the implementation of internal controls, and any incidents of bribery or corruption that have been identified.
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