ABAC Policy items:
1. Policy Statement
2. Scope:
3. Definitions:
4. Legal Framework
5. Responsibilities
6. Risk Assessment
7. Gifts and Hospitality
8. Third-Party Due Diligence
9. Reporting Mechanism
10. Investigations and Disciplinary Actions
11. Training and Communication:
12. Monitoring and Review:
13. Continuous Improvement:
14. Zero Tolerance:
rkvl Anti-Bribery and Anti-Corruption Policy
1. Policy Statement:
rkvl is committed to conducting its business with honesty, integrity, and transparency. We have a zero-tolerance approach to bribery and corruption and are dedicated to complying with all applicable laws and regulations, including the South African Prevention and Combating of Corrupt Activities Act (Act 12 of 2004).
2. Scope:
This policy applies to all employees, contractors, agents, and any other parties associated with rkvl.
3. Definitions:
- Bribery: The offering, giving, receiving, or soliciting of anything of value with the aim of influencing the action of an official or other person in a position of trust.
- Corruption: Any act or omission that amounts to the abuse of power or authority for personal gain.
4. Legal Framework:
All employees must familiarize themselves with and adhere to the South African Prevention and Combating of Corrupt Activities Act and any other relevant legislation.
5. Responsibilities:
All employees are responsible for maintaining compliance with this policy. Management is tasked with leading by example and promoting a culture of integrity.
6. Risk Assessment:
Periodic risk assessments will be conducted to identify and address potential bribery and corruption risks associated with our business activities.
7. Gifts and Hospitality:
Employees must not offer, give, or accept any gifts, hospitality, or entertainment that could be perceived as intended to influence business relationships improperly.
8. Third-Party Due Diligence:
Before engaging with third parties, we will conduct due diligence to ensure they adhere to anti-bribery and anti-corruption standards.
9. Reporting Mechanism:
Employees are encouraged to report any suspected or observed instances of bribery or corruption through the designated confidential reporting channels.
10. Investigations and Disciplinary Actions:
Prompt and thorough investigations will be conducted into reported incidents. Non-compliance may result in disciplinary action, up to and including termination of employment.
11. Training and Communication:
Regular training programs will be conducted to educate employees on the policy, relevant laws, and ethical business conduct.
12. Monitoring and Review:
The effectiveness of this policy will be monitored regularly, and updates will be made as necessary to address changing circumstances.
13. Continuous Improvement:
rkvl is committed to continuous improvement in preventing bribery and corruption, and we encourage feedback from employees and stakeholders.
14. Zero Tolerance:
rkvl has a zero-tolerance policy towards bribery and corruption. Any breach of this ABAC policy will be dealt with seriously and may result in legal action.
Date of Issue: 22/10/2023
Next Review Date: 22/10/2024
End