What is an Anti-Bribery and Corruption Policy?
An anti-bribery and corruption policy explains what a company will do to prevent bribery and other corruption, and what steps it will take if the policy is violated. The goal is to make sure employees, contractors, and anyone else the company does business with follow ethical standards and be in compliance with all local and international laws.
Typical areas covered in this policy include:
- What counts as a bribe
- What is considered a kickback
- Whether gifts can be accepted (and limits on what and how much they can be)
- Monitoring of third-party relationships
- Internal processes for identifying and reporting concerns about bribery or corruption
- Consequences for employees or partners who engage in corrupt behavior
By putting expectations in writing, companies create accountability and diminish the likelihood of being implicated in any type of bribery or corruption scheme. You can create your own anti-bribery and corruption policy with our free, simple legal templates, instead of paying costly lawyer fees.
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What's Included in This Template
- Complete policy template
- Bribery prohibition guidelines
- Employee conduct standards
- Third party requirements
- Reporting procedures
- Audit compliance provisions
- Penalty enforcement clauses
- Executive signature blocks
Article written by
Legal Writer & Researcher | Licensed Attorney | 49 Articles
Rachael Goldstein is a licensed attorney and an experienced writer based in Pennsylvania. As a licensed attorney, she specializes in writing clear an accessible articles for EasyLegalDocs.com.
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