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A comprehensive Hospitality and Gifts Policy that is designed to reduce the risk of bribery and corruption practices within your business.
Hospitality and Gifts Policy
We have recently drawn this policy and cover aspects of all relevant legislation.
A comprehensive Hospitality and Gifts policy helps a business in smoothly running its affairs. Additionally, it is a company's obligation to fulfil its statutory requirements.
It is part of trade practices to accept and give gifts and hospitality. However, the rule of precaution is such that acceptance does not affect the policies or decisions of the company.
Companies must introduce the Hospitality and Gifts Policy in order to guide their employees. Employees must be aware that is it is an offence to give or accept a gift as a bribe.
It is sometimes necessary that employees must refuse to accept gifts. However, if the giver insists then the employee must refer the party towards the company's strict Hospitality and Gifts Policy.
This policy also provides legal protection for a business when an employee is involved in corrupt practices.
This Hospitality and Gifts Policy is in Microsoft Word format, written in plain English, easy to use and edit.
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