Anti Bribery & Corruption Policy

Anti-Bribery and Corruption Policy

Last Updated: 22.10.2023

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Riverbank Recruitment Ltd. is firmly dedicated to conducting its business operations in strict adherence to the highest ethical standards. We maintain an unwavering commitment to a zero-tolerance policy against any form of bribery and corruption. Our organization is steadfast in its pursuit of fairness and transparency across all facets of our interactions with candidates, clients, suppliers, and all other stakeholders. Our ethical principles are the cornerstone of our operations and are deeply embedded in our corporate culture, guiding us in our mission to foster trust, integrity, and accountability in the recruitment industry.

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Purpose

This Anti-Bribery and Corruption Policy aims to:

• Establish a clear framework for preventing, detecting, and reporting bribery and corruption.

• Comply with all applicable anti-bribery and corruption laws and regulations.

• Protect the reputation and integrity of our recruitment agency.

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Scope

This policy is universally applicable to every member of Riverbank Recruitment Ltd, encompassing employees, directors, contractors, agents, and all affiliated individuals or entities engaged in representing our agency. Its purview extends across the entirety of our business activities, encompassing but not limited to recruitment procedures, client engagements, supplier associations, as well as interactions with governmental authorities and public institutions.

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Definition of Bribery and Corruption

Bribery is a multifaceted transgression characterized by the deliberate proffering, committing to provide, bestowing, or acquiescing to the exchange of monetary, material, or other forms of gain, with the express intent of unduly swaying a decision-making process or attaining an inequitable advantage. Corruption, on the other hand, encompasses a broader spectrum of misconduct wherein individuals misuse their entrusted authority and influence for personal enrichment, often at the detriment of the greater good and public trust.

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Prohibited Conduct

The following actions are strictly prohibited under this policy:

• Offering, promising, or giving bribes to any person or entity to obtain or retain business or any other advantage.

• Soliciting or accepting bribes from any person or entity in exchange for favourable treatment or decisions.

• Making facilitation payments to expedite routine government processes or services.

• Engaging in any form of kickbacks or secret commissions.

• Using company funds or resources for personal gain or to facilitate corrupt practices.

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Comprehensive Due Diligence for Risk Mitigation

Our organization is committed to the rigorous practice of due diligence, which encompasses a meticulous evaluation of our business relationships, encompassing clients, suppliers, and intermediaries. This multifaceted assessment serves the critical purpose of appraising their anti-bribery and corruption measures, enabling us to effectively identify and subsequently mitigate potential risks. By diligently scrutinizing these aspects, we aim to maintain the highest standards of ethical conduct and integrity in all our business partnerships.

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Reporting and Investigation

We encourage all employees and stakeholders to report any suspected or actual instances of bribery or corruption without fear of retaliation. Reports can be made through various channels, including direct communication with management, anonymous reporting mechanisms, or external whistleblowing hotlines. All reports of bribery or corruption will be taken seriously and investigated promptly and confidentially. Appropriate disciplinary action will be taken against any individuals found to have engaged in corrupt practices, up to and including termination of employment or business relationships.

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Training and Awareness Initiatives

At Riverbank Recruitment, we place significant emphasis on fostering a culture of integrity and ethics through a comprehensive training and awareness program. This program is designed to ensure that all employees are well-informed about our Anti-Bribery and Corruption Policy and fully understand their individual responsibilities in upholding the highest ethical standards.

Our commitment to promoting ethical behaviour extends beyond mere compliance; we actively encourage and support a culture of openness and transparency within the workplace. Our employees are not only expected to adhere to our ethical guidelines but are also empowered to raise concerns and seek clarification on any ethical issues or dilemmas they may encounter during their professional roles.

Through these training and awareness initiatives, we aim to instil a deep sense of ethical responsibility in our workforce and foster an environment where integrity is not just a policy but a shared value that guides our daily actions and decisions.

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Compliance Monitoring and Commitment to Integrity

At Riverbank Recruitment, we maintain a rigorous commitment to upholding the highest standards of integrity, particularly in the realm of anti-bribery and corruption. To ensure the continued effectiveness and alignment of our Anti-Bribery and Corruption Policy with the dynamic landscape of legal and regulatory requirements, we conduct systematic reviews and updates on a regular basis.

Furthermore, as a testament to our dedication to ethical conduct and adherence to anti-corruption principles, we actively engage in a regimen of periodic audits and comprehensive assessments. These diligent exercises serve the dual purpose of scrutinizing compliance with our policy and identifying opportunities for enhancement, thereby reinforcing our resolve to maintain the utmost integrity in our operations.

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Riverbank Recruitment upholds a steadfast commitment to upholding the most stringent ethical principles across all facets of our business operations. We firmly hold the belief that conducting our affairs with unwavering integrity and complete transparency is not only imperative but serves as the bedrock for cultivating trust amongst our esteemed clientele, prospective candidates, and the broader community at large.

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Our dedication to the prevention of bribery and corruption underscores our resolute stance on ethical business conduct. We are unwaveringly devoted to fostering a corporate culture rooted in the highest standards of moral and ethical behavior, which extends throughout every stratum of our organization. This commitment extends to all levels of our business, from leadership to our valued employees, ensuring that ethical values are woven into the very fabric of our corporate identity.