Anti-Bribery and Corruption Policy
An Anti-Bribery and Corruption Policy provides guidelines for preventing bribery and corruption in a company's operations. Using this policy helps protect your company by ensuring that you can address such conduct before it can damage your company or expose you to a breach of the law.
Last updated January 13, 2025
Suitable for Australia
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Frequently asked questions
What does this Anti-Bribery and Corruption cover?
- The company's values and the scope of this policy's application;
- What kind of conduct is considered bribery or corruption;
- The responsibilities of different parties for preventing bribery and corruption;
- Protection given to those who blow the whistle on bribery or corruption; and
- The consequences of partaking in such conduct.
View Sample Anti-Bribery and Corruption Policy
The Legal Risk Score of a Anti-Bribery and Corruption Policy Template is Low
Our legal team have marked this document as low risk considering:
- The policy can be changed at any time.
- The document imposes significant responsibilities on all parties involved, including the necessity for accurate record-keeping and reporting of any suspicious activities, which if not adhered to, could potentially expose the company and individuals to legal scrutiny.
- The policy requires thorough due diligence and monitoring of third parties, which could be resource-intensive and potentially strain business relationships if not managed carefully.
Overall, this document appears to be robust in addressing compliance with anti-bribery and corruption laws, positioning it as less risky compared to other legal documents that might not provide such comprehensive coverage. However, the stringent requirements and the broad scope of application necessitate a strong understanding and diligent management from users to ensure effective implementation and to mitigate associated risks.
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