Anti-Bribery and Corruption Policy

Introduction

EntityShift Ltd is committed to maintaining the highest ethical standards and complying with all applicable laws and regulations. This Anti-Bribery and Corruption Policy outlines our commitment to preventing bribery and corrupt activities within our organisation and applies to all directors, employees, contractors, agents, and anyone acting on behalf of our company.

Policy Statement

  1. Zero Tolerance: We have a zero-tolerance approach to bribery and corruption. Any involvement in bribery, whether offering or accepting, is strictly prohibited in all aspects of our business.
  2. Risk Assessment: We regularly assess the risk of bribery and corruption within our business and supply chains. This assessment includes evaluating our suppliers’ practices and identifying potential risks.
  3. Due Diligence: We conduct due diligence on our suppliers to ensure they share our commitment to preventing bribery and corruption. This includes reviewing their policies, practices, and compliance with relevant laws.
  4. Training and Awareness: Our directors and employees all undertake training to understand and comply with anti-bribery legislation, in particular the Bribery Act 2010, ensuring that everyone understands the six principles laid out by the Ministry of Justice and their role in preventing these practices.
  5. Conflicts of Interest: Our directors and employees are actively encouraged identify, report, and mitigate any actual or potential conflict of interest.
  6. Gifts and Hospitality: Rules regarding accepting gifts, hospitality, or donations are provided.
  7. Reporting and Monitoring: We actively encourage employees and suppliers to report any concerns related to bribery or corruption. We investigate such reports promptly and take appropriate action.
  8. Continuous Improvement: We continuously review and improve our policies and practices to enhance our efforts in preventing bribery and corruption.

Communication

We communicate this policy to all employees, suppliers, and relevant stakeholders. It is available on our website and shared with new employees during their induction. By adhering to this policy, we demonstrate our commitment to preventing bribery and corruption.

Review

This policy is reviewed annually to ensure its effectiveness and relevance. Any necessary updates are made promptly.