What is anti-bribery and anti-corruption policy?
The FCPA is a U.S. law that prohibits making, promising, offering or authorizing the making of a payment or providing anything of value to a foreign Government Official to improperly or corruptly influence that official to take any governmental act or decision to assist a company in obtaining or retaining business, or …
What should be included in anti-bribery policy?
Your anti-bribery policy should aim to: Explain the responsibilities of individual employees, the responsibilities of management and of the company as a whole. Demonstrate ways to reduce or eliminate the risk of bribery. Clearly explain the potential consequences of being involved in acts of bribery.
What is a anti-corruption policy?
This Anti-Bribery Policy (Global) (“Policy”) prohibits bribery of government officials (both U.S. and non-U.S.) as well as private sector (commercial) bribery, including the offering, promising, authorizing or providing anything of value to any customer, business partner, vendor or other third party in order to induce …
What is the shell code of conduct?
The Shell Code of Conduct explains how employees, contractors and anyone else acting on behalf of Shell must behave to live up to our business principles. The Code of Conduct is comprehensive, covering safety, anti-bribery and corruption, fair competition and other important areas.
What is a shell company and how is it formed?
A shell corporation is a corporation without active business operations or significant assets. These types of corporations are not all necessarily illegal, but they are sometimes used illegitimately, such as to disguise business ownership from law enforcement or the public.
Is Shell environmentally friendly?
In February 2018, Shell bought energy provider First Utility, meaning it now provides gas and electricity directly to UK-households. It has re-branded the provider as ‘Shell Energy’ and switched it to 100% renewables.
What does Shell do about bribery and corruption?
In line with this principle, Shell maintains a global Anti-bribery and Corruption (ABC) programme that includes elements designed to prevent or detect and remediate potential violations. The programme begins with our anti-bribery commitment, an integral part of the Shell General Business Principles.
What is the anti bribery and corruption policy?
We have established an internal policy “The Anti-Bribery & Corruption Policy”, supported by training and adequate procedures and controls which apply strictly to all employees, directors, agents, consultants, contractors and to any other person or bodies acting on behalf of the Group within all countries, areas and functions in which we operate.
What are the principles of the shell company?
The Shell General Business Principles state our insistence on honesty, integrity and fairness in all aspects of our business. The direct or indirect offer, payment, solicitation or acceptance of bribes is unacceptable. UN Global Compact Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.
What are the principles of transparency and anti corruption?
Transparency and Anti-corruption. The Shell General Business Principles state our insistence on honesty, integrity and fairness in all aspects of our business. The direct or indirect offer, payment, solicitation or acceptance of bribes is unacceptable.
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