Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the Malaysian Anti-Corruption Commission Act 2009 (MACCA). In practice, this means offering, giving, receiving or soliciting something of value to illicitly influence the decisions or actions of a person who is in a position of trust within an organisation. Bribery may be ‘outbound’, where someone acting on behalf of HeiTech attempts to influence the actions of someone external, such as a Government/ Public official or client decision-maker. It may also be ‘inbound’, where an external party is attempting to influence someone within the Company such as a senior decision- maker or someone with access to confidential information.
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the MACCA. In practice, this means offering, giving, receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organisation.
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the Malaysian Anti-Corruption Commission Act (“MACCA”) 2009. In practice, this means offering, giving, agreement of giving, promising, receiving, agreement of receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organisation.
Examples of Bribery & Corruption in a sentence
The prevention, detection and reporting of any form of Bribery & Corruption are the responsibility of all Employees.
He realised the significance of the move, hence the Whitehall move to annex Durban and the hinterland before the end of the 1840s.
Yes39Confirm that all responses provided in the above Section Anti Bribery & Corruption are representative of all the LE's branches Yes39 aIf N, clarify which questions the difference/s relate to and the branch/es that this applies to.
In relation to Compliance:Bluewater has zero tolerance for non-compliance with the Bluewater Anti Bribery & Corruption Policy, and any related applicable laws and regulations.
The report concluded that progressing the Anti-Fraud, Bribery & Corruption work programme for 2019/20 will ensure the Council continues to operate within an effective anti-fraud culture across the organisation, with resilient preventive measures capable of identifying and addressing new threats.
More Definitions of Bribery & Corruption
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the MACC Act 2009.
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the MACCA. In practice, this includes offering, giving, receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organization. Bribery may be ‘outbound’, where someone acting on behalf of GLB attempts to influence the actions of someone external, such as a Government official or a client’s decision-maker. It may also be ‘inbound’, where an external party is attempting to influence someone within the Company such as a senior decision-maker or someone with access to confidential information. Bribery and corruption are closely related. However, corruption has a wider remit. The definition of corruption by Transparency International is ‘the abuse of entrusted power for personal gain.’ For the purpose of this Policy, corruption, is defined primarily as any action which would be considered as an offence of giving or receiving ‘gratification’ under the MACCA (‘Bribery’ as defined above). In addition, corruption may also include acts of extortion, collusion, breach of trust, abuse of power, trading under influence, embezzlement, fraud or money laundering.
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘Gratification’ under the Malaysian Anti-Corruption Commission Act (MACCA) 2009. In practice, this means offering, giving, receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organisation. Bribery may be outbound, where someone acting on behalf of HIB Group attempts to influence the actions ofexternal party, or vice-versa. “Gratification” defined in the MACCA to mean the following:(a) money, donation & sponsorship, gift, loan, fee, reward, valuable security, property or interest in property being property of any description whether movable or immovable, financial benefit, or any other similar advantage;(b) any office, dignity, employment, contract of employment or services, and agreement to give employment or render services in any capacity;(c) any payment, release, discharge or liquidation of any loan, obligation or other liability, whether in whole or in part;(d) any valuable consideration of any kind, any discount, commission, rebate, bonus, deduction or percentage;(e) any forbearance to demand any money or money’s worth or valuable thing;(f) any other service or favour of any description, including protection from any penalty or disability incurred or apprehended or from any action or proceedings of a disciplinary, civil or criminal nature, whether or not already instituted, and including the exercise or the forbearance from the exercise of any right or any official power or duty; and(g) any offer, undertaking or promise, whether conditional or unconditional, of any Gratification within the meaning of any of the preceding paragraphs (a) to (f). “Business Associate” means an external party including but not limited to its clients, customers, joint ventures, joint venture partners, consortium partners, outsourcing providers, contractors, consultants, subcontractors,suppliers, vendors, advisers, agents, distributors, representatives, intermediaries and investors. “Conflict of Interest” means when a person’s own interests either influence, have the potential to influence, or are perceived to influence their decision making at HIB Group. “Controlled Organisation” means an entity where HIB Group has the decision-making power over the entity such that it has the right to appoint and remove the management. This would normally be where HIB Group has the controlling stake but it c...
Bribery & Corruption means any action which would be c giving or receiving ‘grTahetfoirmfoif gcraatifticaitioonnis’provuidneddiner the the foregoing definition. In practice, this means offering, giving, receiving or soliciting
Bribery & Corruption means any action which would be considered an offence of giving or receiving Gratification under the Malaysian Anti-Corruption Commission Act 2009 (MACC Act). Bribery may be ‘outbound’, where someone acting on behalf of the Group attempts to influence the actions of someone external, such as a Government official or client decision- maker. It may also be ‘inbound’, where an external party is attempting to influence someone within the Group such as a senior decision-maker or someone with access to confidential information.
Bribery & Corruption means any action which would be considered as an offence of giving and receiving ‘gratification’ under the MACC Act 2009. In practice, this means offering, giving, receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organisation. In addition, bribery & corruption may also include acts of extortion, collusion, breach of trust, abuse of power, trading under influence, embezzlement, frauds or money laundering.
Bribery & Corruption means any action which would be considered as an offence of giving or receiving ‘gratification’ under the MACC. The form of gratification is provided in the foregoing definition. In practice, this means offering, giving, receiving or soliciting something of value in an attempt to illicitly influence the decisions or actions of a person who is in a position of trust within an organization. Bribery may be ‘outbound’, where someone acting on behalf of Educrest attempts to influence the actions of someone external, such as a Government official or client decision-maker. It may also be ‘inbound’, where an external party is attempting to influence someone within the Company such as a senior decision-maker or someone with access to confidential information. Corruption is the act of giving or receiving of any gratification or reward in the form of cash or in-kind of high value for performing a task in relation to his/her job description. The context of Bribery & Corruption is used interchangeably in this Policy.