Bribery & Corruption definition

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 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 MACC Act 2009.
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). Bribery refers to the act of corruptly authorising, giving, agreeing to give, promising, offering, soliciting, receiving, or agreeing to receive any gratification. 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.

Examples of Bribery & Corruption in a sentence

  • These policies are available on ▇▇▇▇’▇ intranet and include, but are not limited to the BCN India Employee Handbook, ▇▇▇▇’▇ Code of Conduct, Health and Safety policies and procedures, Anti Discrimination and Harassment Prevention policies, Appropriate Use of company network and internet, Stock Purchase and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ policy, Outside Work and Outside Board Directorship policies, Anti Bribery & Corruption policy, IT Acceptable Use, Social Media and Security policies.

  • You also commit to adhering to the Bribery & Corruption Act 2010.

  • E1 Prevention of Bribery & Corruption E2 Equalities and Diversity E3 The Contracts (Right of Third Parties) ▇▇▇ ▇▇ Health and Safety E5 Human Rights E6 Transfer of Undertakings (Protection of Employment) Regulation E7 Mental Capacity Act and Deprivation of Liberty Safeguards F.

  • CONFIRMATION I confirm on behalf of the Altruist business partner identified below (“Partner”) that Partner and its employees, representatives and agents fully understand the requirements of the Altruist Anti- Bribery & Corruption policyandthat Partner has in placeandwillmaintaineffectivemeasures to ensurefull compliance so far as it deals with the processes pertaining to Altruist.


More Definitions of Bribery & Corruption

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
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 & 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 & 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 SCH Groupattempts to influence the actions of external 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 toinfluence, or are perceived to influence their decision making at SCH Group. “Controlled Organisation” means an entity where SCH 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 SCH Group has the controlling stake but it cou...
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 (Amendment Act 2018) (“MACC Act”). This includes offering, promising, giving, accepting 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 2009 (MACCA). In practice, this means offering, giving, receiving or soliciting something of value in an attempt to
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