Bribery and Corruption definition
Bribery and Corruption. – means offering, promising, giving, accepting or soliciting an advantage as an inducement for an action which is illegal, unethical or a breach of trust, as well as the abuse of entrusted power for private gain. It includes conduct that amounts to US Bribery, UK Bribery or Australian Bribery or Corrupt Commission (each of which is a term defined in Section 6).
Bribery and Corruption means the abuse of entrusted authority to personal advantage, including the offering, promise, provision, acceptance or solicitation of a personal benefit in return for an illegal or ethically unacceptable action, the breach of a duty of loyalty or any other improper action,
Bribery and Corruption referred herein this Policy shall means any action which would be considered as an offence of giving, promises, offers, solicits, receiving or agrees to receive for himself or for any other person any ‘gratification’ under the MACC Act.
Examples of Bribery and Corruption in a sentence
If the Supplier notifies the University that it suspects or knows that there may be a breach of Clause 47.5 (Prevention of Bribery and Corruption), the Supplier must respond promptly to the University’s enquiries, co-operate with any investigation, and allow the University to audit books, records and any other relevant documents.
More Definitions of Bribery and Corruption
Bribery and Corruption means the abuse of entrusted authority to personal advantage, including the offering, promise, provision, acceptance or solicitation of a personal benefit in return for an illegal or ethically unacceptable action, the breach of a duty of loyalty or any other improper action, or the offering of a remuneration to a person, company or agency for such an action, and especially criminal offences as defined in sections 298, 299, 333, 334 of the German Criminal Code (StGB). Personal benefits include all forms of gifts, loans, fees, rewards or other inducements (taxes, services, donations, etc.).
Bribery and Corruption under the MACC Act means any action which would be considered as an offence of offering, giving, promising, receiving or soliciting ‘gratification’ or something of value in an attempt to illicitly influence the decisions or actions of a person with a position of trust within an organisation.
Bribery and Corruption. Vodafone: (a) has a comprehensive anti-bribery policy and programme; (b) shall comply with Applicable Law relating to anti-bribery and anti-corruption; and (c) shall not give or receive any bribes, including in relation to any foreign public official.
Bribery and Corruption means legislation and rules relating to bribery and corruption, including but not limited to the Bribery Act 2010, previous UK laws (the common law offence of bribery, the Public Bodies Corrupt Practices Act 1889, the Prevention of Corruption Act 1906 as supplemented by the Prevention of Corruption Act 1916 and the Anti-Terrorism, Crime and Security Act 2001), the United Nations Convention against Corruption, the US Foreign Corrupt Practices Act of 1977 as amended, OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related implementing legislation, any anti-bribery or anti corruption related provisions in criminal and anti-competition laws and/or anti-bribery or anti-corruption laws in any other jurisdiction relevant to your activities under our Introducer Terms of Business;
Bribery and Corruption means the direct or indirect offer, authorisation, gift or promise to give anything of value to any person (including, but not limited to, a Public Official), with the intent to obtain or retain business or gain an improper advantage. The term should be interpreted broadly and includes, but is not limited to, the following:
1.3.1 Any conduct that constitutes a breach of applicable to Prevention and Combating of Corruption Act, CAP 329 R.E 2022 or any other Anti-Bribery and Anti-Corruption Laws;
1.3.2 Any payment made or the provision of anything else of value to any Public Official to influence or reward their decision, or to gain any other undue advantage; and
1.3.3 Any payment made or the provision of anything else of value to any representative of a private enterprise (whether for profit or otherwise) to improperly, dishonestly and outside the ordinary course of ethical business practice, influence or reward their decision, or to gain any other undue advantage.
Bribery and Corruption means the offering, promising, giving, accepting, or soliciting of
Bribery and Corruption means “A “bribe” is the direct or indirect offer, authorization, gift or promise to give anything of value to a government/public official or any other person, with the intent to obtain or retain business or gain an improper advantage. This includes facilitation payments. For the sake of clarity, bribery and corruption include, inter-alia, the following: