Launch of Principles for Anti-Corruption Programme
04 July 2011
The Principles may also be of benefit to companies in other sectors who are considering policies and procedures to help prevent bribery in their own organisations.
"It is very clear from reading this guidance that the companies in this sector are committed to full compliance with the Bribery Act and that they are living up to the high ethical standards that society expects from them. I am delighted therefore to welcome this readily accessible guidance. It is an excellent example of good practice and is a model of what is needed."
Saturday, August 27, 2011
Anti-Corruption Programme
The Institute of Business Ethics (IBE) is pleased to welcome the publication of Principles for an Anti-Corruption Programme under the UK Bribery Act 2010 for the Energy and Extractives Sector.
The Principles have been developed by a group of leading energy and mining companies and draw on their considerable experience of managing potential bribery and corruption. They represent a sharing of best practice and are intended to provide assistance to organisations operating in these areas on the key issues to consider as they seek to prevent bribery in their organisations.
The IBE provided assistance in the development of the Principles.
The key Principles are based on those that the contributor companies employ in their own businesses. It is anticipated that the Principles will be used as a helpful reference to assist organisations to develop or enhance their own policies and procedures.
The contributors are grateful to the Serious Fraud Office for the opportunity to discuss the Principles. Commenting on the publication, Richard Alderman, the Director of the SFO said:
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