Definition
Degould Limited (“Degould”) operates a formal anti bribery and corruption procedure as
documented below.
Scope
All Degould employees and sub-contractors.
Objective
Degould is committed to conducting business in an honest way, and without the use of corrupt
practices or acts of Bribery to obtain an unfair advantage.
Guidelines
Bribery is the offer, promise, giving, demanding or acceptance of an advantage as an inducement for
an action which is illegal, unethical or a breach of trust.
A bribe could be a promise, offering or anything of value. This would include loans, fees, donations,
aid or voting to exert an improper influence.
Corruption is the misuse of public office or power for private gain; or misuse of private power in
relation to business outside the realm of government.
Gifts, entertainment and hospitality in connection with matters related to our business are not
defined as bribes or corruption.
Prevention
Degould is committed to an ongoing process of risk assessment and education to pinpoint and
eliminate bribery and corruption. This will include accurate and complete record-keeping, internal
audit and general monitoring of staff by directors. As there may be some areas that staff are unsure
about the following procedures should be followed.
Record Keeping
When receiving any gifts or invitation of entertainment or hospitality this will be notified to the Head
of Finance and Compliance who will make a record of the offer and confirm whether it is appropriate
or not to accept the offer.
Whistle Blowing
If any member of staff believes another has received any gift, entertainment, hospitality or any other
inducement without notifying the company they have a duty to make a director aware of this
concern. This action will be under the company whistle blowing policy detailed elsewhere.
Communication
Degould will communicate this policy to all staff and suppliers.