Statutory
Bribery Act 2010Anti-Bribery Policy
R Edwards Associates Ltd has a zero-tolerance approach to bribery and corruption. We are committed to conducting business ethically and in compliance with the Bribery Act 2010.
Policy Statement
We do not:
- Offer, promise, give, or accept bribes in any form
- Facilitate or authorise others to engage in bribery
- Tolerate any form of bribery by employees, agents, or third parties
Our Commitments
- 1Conduct all business with integrity and in compliance with applicable anti-bribery laws.
- 2Maintain adequate procedures to prevent bribery, as defined under the Bribery Act 2010.
- 3Ensure all employees understand what constitutes bribery and the consequences of violations.
- 4Conduct due diligence on third parties who represent us to ensure compliance with this policy.
- 5Keep accurate financial records of all business transactions.
- 6Report suspected bribery to the appropriate authorities.
What Is Bribery?
Bribery is offering, promising, giving, or accepting a financial or other advantage to induce or reward someone to act improperly. This includes:
- Active bribery: Offering a bribe to a public official or private individual
- Passive bribery: Accepting a bribe to perform a function improperly
- Facilitation payments: Small payments to speed up routine actions (not tolerated)
- Gifts and hospitality: Must be reasonable, transparent, and not influence decisions
Gifts and Hospitality
Gifts and hospitality are generally acceptable if they:
- Are not cash or cash equivalents
- Are reasonable in value and frequency
- Are given and received transparently
- Do not influence or appear to influence business decisions
All gifts and hospitality must be recorded in the company register.
Reporting Concerns
Employees who become aware of any suspected bribery must report it immediately to the Directors. All reports will be investigated, and appropriate action taken.
Review Date: Annual
Document Owner: Directors
Policy Version: 1.0