Ensure your Company Compliance with the Bribery Act with the Help of London Registrars
The Bribery Act has not even been in effect for a year and many companies remain unclear about its impact on their business and what they should be doing in accordance with it. London Registrars (http://www.london-registrars.co.uk/) helps ensure company compliance with the Bribery Act by advising on how the Act affects issues such as policies, contracts, recruitment and disciplinary procedures.
The Bribery Act was put in place to address the increasingly prevalent problem of bribery and its damaging ramifications on society as a whole, particularly in developing and emerging economies. The Bribe Act should not be taken lightly by organisations: not only is it bad for business in general, but individual companies will be scrutinised to assess corporate governance with the Act.
As a company secretary services provider, London Registrars advises on how to minimise the risk of bribery within organisations, while also giving clear guidelines on steps they must take within their operational procedures to stay well within the confines of the Act. Here are just some of the key ways companies can be assisted by London Registrars when it comes to the Bribe and Bribery Act:
Anti-Bribery Policies Most employers will not have an anti-bribery policy in place. This policy should stipulate a ‘zero tolerance’ approach to bribery as doing so will clearly indicate the employer’s stance on the issue.
Whistleblowing Policies This is an important policy to put in place if one does not already exist so that employees can report bribery. Existing whistleblowing policies will need to be updated to take into account the Bribe Act.
Disciplinary procedures Acts of bribery should be included into existing disciplinary procedures as gross misconduct offences.
Recruitment and training Due diligence should be carried out into issues of bribery with all potential new recruits. Training procedures of new and existing staff must be updated to include the new anti-bribery policy.
Find out the full and comprehensive corporate support services from London Registrars which will help companies comply with the Bribery Act at http://www.london-registrars.co.uk/.
Processing your request, Please wait....
