Anti-Corruption and Bribery Policy

Introduction:

This policy outlines Stork Solutions Ltd’s stand against bribery and corruption. We comply with all applicable laws and regulations in the UK, specifically the Bribery Act 2010.

Scope:

This policy applies to all employees, contractors, consultants, agents, and any other people or bodies associated with Stork Solutions Ltd, both within and outside the UK.

Policy:

a. Prohibition of Bribery: No individual working on our behalf shall engage in bribery, kickbacks, or corruption.

b. Gifts and Hospitality: Gifts, hospitality, and expenses must be transparent and in line with company guidelines. Any gifts or hospitality given or received must be reported.

c. Facilitation Payments: We do not accept or make any form of facilitation payments, defined as unofficial payments made to secure or expedite actions.

d. Record Keeping: All financial transactions must be transparent, properly authorized, and duly recorded.

e. Due Diligence: We will carry out due diligence on prospective employees and business partners to ensure their commitment to our anti-bribery principles.

f. Reporting: Any suspicions of bribery must be reported immediately using the appropriate channels within our organization.

Responsibilities:

a. Management: Management is responsible for ensuring that those reporting to them understand and comply with this policy.

b. Employees: All employees must read, understand, and comply with this policy.

Training:

Training on this policy will be provided as necessary to ensure understanding and compliance.

Enforcement:

a. Monitoring: Regular internal audits and reviews will be conducted to ensure adherence to this policy.

b. Penalties: Non-compliance with this policy may result in disciplinary actions and legal penalties.

Review:

The policy will be kept up to date, particularly as Stork Solutions Ltd changes in nature and size. To ensure this, the policy, and the way it is implemented, will be reviewed annually.