Anti-Bribery, Fraud and Corruption Policy
The Bribery Act 2010 came into force on 1 July 2011. It created specific criminal offences to proactively tackle bribery and corruption with 10 year custodial offences.
A bribe refers to any inducement, reward, or object/item of value offered to another individual in order to gain commercial, contractual, regulatory, or personal advantage.
Agidea is committed to preventing bribery, fraud, and corruption within all parts of our business. We are currently undertaking the following prevention procedures:
- Risk assessment to identify the specific risks of facilitation
- Implementing procedures which are proportionate to the specific risks identified in the risk assessment
- Performing due diligence of staff, third parties and clients in proportion to the risks that they pose to the business
- Ensuring that the review of measures for preventing bribery, fraud, and corruption is on the agenda at board meetings
- Communication (including training) to employees and third parties to ensure procedures are embedded and understood
- Carrying out ongoing monitoring and review of procedures and risk assessment