COMPLIANCE
Anti-Bribery & Anti-Corruption (ABAC) PolicyAnti-Bribery & Anti-Corruption (ABAC) Policy
CoKeeps is committed to conducting its activities ethically and honestly, and is committed to implementing and enforcing systems that prevent bribery. CoKeeps has ‘ZERO TOLERANCE’ for corruption and corrupt activities. The Company is committed by its Code of Conduct, as revised and approved by the Board of Directors, to cultivate a high standard of ethical conduct and integrity in its business operations in whichever country it operates by establishing adequate policies and practices to prevent bribery in compliance with country laws.
This anti-bribery policy applies to all employees (whether temporary, fixed-term, or permanent), consultants, contractors, trainees, seconded staff, home workers, casual workers, agency staff, volunteers, interns, agents, sponsors, or any other person or persons associated with us (including third parties), or any of our subsidiaries or their employees, no matter where they are located. The policy also applies to Officers, Trustees, Board, and/or Committee members at any level.
This anti-bribery and anti-corruption policy exists to set out the responsibilities of CoKeeps employees and those who provide goods or services to us regarding observing and upholding our ‘ZERO TOLERANCE’ position on bribery and corruption.
Bribery
Employees or contractors must not engage in any form of bribery, whether it be directly, passively , or through a third party (such as an agent or distributor).
CoKeeps policy is that bribery in all its forms related to the company’s activities is strictly prohibited. Bribery may take the form of anything of value, such as money, goods, services, property, privilege, employment position or preferential treatment. CoKeeps’ personnel and its business associates shall not therefore, whether directly or indirectly, offer, give, receive or solicit any item of value, in the attempt to illicitly influence the decisions or actions of a person in a position of trust within an organisation, either for the intended benefit of the company or the persons involved in the transaction.
This ABAC policy applies equally to its business dealings with commercial (‘private sector’) and Government (‘public sector’) entities. Even the possible appearance of bribery is to be avoided.
CoKeeps is committed by its Code of Conduct to conduct its business ethically and in compliance with all applicable ABAC laws and regulations in every country where we do business. The ABAC policy, therefore, applies to all countries worldwide, without exception and regard to regional customs, local practices or competitive conditions.
Gifts and Entertainment
Personnel are prohibited from directly or indirectly soliciting for, or receiving any gifts, free service, kickbacks or guarantees in any form (gift) that may compromise their judgment and decision-making. Under no circumstances may any personnel accept gifts in the form of cash or cash equivalent or in any other form.
Conflicts of Interest
Directors and employees should avoid engaging in real or apparent conflict of interest situations, whether directly or indirectly, between themselves as individuals and the interest of the company. Directors and employees must not use their position or knowledge gained in the course of their duties or employment for private or personal advantage, directly or indirectly.
A Director or an employee shall avoid any situation in which the Director or employee has an interest in an entity or matter that may influence the Director or employee’s judgment in the discharge of his/her responsibilities.
Facilitation Payments
CoKeeps has adopted a ‘ZERO TOLERANCE’ policy for the use of facilitation payments in relation to its business operations. This policy prohibits its use by either CoKeeps’ personnel or business associates acting on behalf of the Company.
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