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Bribery & Corruption Policy

Bribery is a criminal offence, defined as:

  • ‘The offer, promise or gift of financial or other advantages, with the intention of inducing or rewarding the improper performance of a function or activity.’

It does not matter if:

  • The person offering the bribe is the person who will benefit from the improper performance.
  • The person receiving the bribe is the person who will carry out the improper performance.

Policy

Larasian has a zero-tolerance attitude towards bribery and corrupt practices in all its business dealings. Such methods are never acceptable and will not be tolerated. Therefore:

  • You should never accept a bribe.
  • You should never seek to influence the actions of a third party toward Larasian by offering or paying a bribe.
  • You should never ask or authorise an Associated Person or any other business partner to offer or pay a bribe on your behalf.

Issued on 14/05/2021

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