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AVALAND BERHAD COMPANY REGISTRATION NO.: 200901038653 (881786X) (INCORPORATED IN MALAYSIA)ANTIBRIBERY & ANTICORRUPTION (ABAC) POLICY FOR THIRD PARTIESJANUARY 2022Page 1 of 6TABLE OF CONTENTS1.INTRODUCTION2.SCOPE3.DEFINITION4.RESPONSIBILITIES5.REFERENCES6.POLICY7.FACILITATION

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How to fill out anti-bribery amp anti-corruption abac

01

Understand the company's anti-bribery and anti-corruption policy.

02

Identify any potential bribery or corruption risks within the company.

03

Complete any required training on anti-bribery and anti-corruption practices.

04

Keep accurate and detailed records of any interactions that could be considered bribery or corruption.

05

Report any suspicious activity to the appropriate authority within the company.

06

Regularly review and update your knowledge on anti-bribery and anti-corruption best practices.

Who needs anti-bribery amp anti-corruption abac?

01

Any individual or organization that wants to maintain ethical business practices and comply with anti-bribery and anti-corruption laws.

02

Companies that operate in countries known for high levels of bribery and corruption.

03

Government agencies, non-profit organizations, and businesses in highly regulated industries.

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What is anti-bribery amp anti-corruption abac?

Anti-bribery and anti-corruption (ABAC) refers to laws, policies, and practices aimed at preventing bribery and corruption in business and public administration. It establishes guidelines for ethical conduct, compliance measures, and accountability to ensure integrity.

Who is required to file anti-bribery amp anti-corruption abac?

Entities that engage in activities subject to ABAC regulations, typically including businesses, government contractors, and non-profit organizations, are required to file ABAC disclosures. This includes companies operating in sectors prone to corruption.

How to fill out anti-bribery amp anti-corruption abac?

To fill out an ABAC form, organizations typically need to provide detailed information about their compliance programs, any incidents of bribery or corruption, and measures taken to mitigate risks. Specific forms may vary by jurisdiction.

What is the purpose of anti-bribery amp anti-corruption abac?

The purpose of ABAC is to promote transparency, integrity, and ethical conduct in business and government. It aims to reduce the incidence of corruption, increase public trust, and create a level playing field for businesses.

What information must be reported on anti-bribery amp anti-corruption abac?

Organizations must report incidents of bribery, measures implemented to prevent corruption, employee training on ethics, and any relevant financial transactions. This ensures accountability and transparency in operations.

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