1. Introduction
414 Technology Limited is committed to conducting all of its business in an honest and ethical manner. We take a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly, and with integrity in all our business dealings and relationships, wherever we operate.
This policy outlines the responsibilities of all employees and partners in upholding our stance against bribery and ensuring compliance with the UK Bribery Act 2010.
2. Purpose of Policy
The purpose of this policy is to:
3. Scope of Policy
This policy applies to all individuals working for or on behalf of 414 Technology at all levels and grades, including:
4. Definition of Bribery
Bribery is offering, promising, giving, or accepting any undue advantage or benefit (financial or otherwise) to influence the actions or decisions of an individual, company, or government body in a way that is improper, unethical, or illegal.
Under the UK Bribery Act 2010, there are four main offences:
5. Prohibited Conduct
414 Technology prohibits:
6. Gifts and Hospitality
414 Technology recognises that the giving and receiving of gifts and hospitality can form part of building business relationships. However, these must:
7. Responsibilities
All employees, contractors, and associates are required to:
Managers must ensure that all employees are aware of the policy and regularly review business practices to ensure compliance.
If you believe or suspect that a violation of this policy has occurred or may occur, you are required to report it immediately. You can report concerns to:
All reports will be treated confidentially and investigated promptly.
8. Consequences of Non-Compliance
Violation of this policy by employees, contractors, or business partners can result in:
9. Training and Communication
414 Technology will provide anti-bribery training to employees as part of the onboarding process and at regular intervals. Communication of this policy will be made clear in contracts and agreements with third parties and business partners.
10. Monitoring and Review
The Compliance Manager will monitor compliance with this policy and report regularly to the board of directors. The policy will be reviewed annually to ensure its effectiveness and compliance with changes in law.
11. Conclusion
Bribery is illegal, unethical, and damaging to the reputation of 414 Technology. All employees and partners must uphold the highest standards of integrity and comply with this policy to ensure that our business remains lawful and ethical.