The Rotiboy Group strictly prohibits bribery and corruption in all its businesses. The Company adopts a ZERO TOLERANCE APPROACH against all forms and acts of bribery and corruption, and upholds all applicable laws concerning anti-bribery and corruption. The objectives of this policy is to establish a standard policy to ensure that the whole approach and process in dealing with all external parties, which includes Suppliers, Franchisee, current and future Business Partners is consistent across the company and in line with the Company’s policies and commitment against bribery and corruption.
This Anti-Bribery & Corruption (ABC) Policy ensures that members and business partners of the Rotiboy Group understand their responsibilities in compliance with the Rotiboy Group's zero tolerance for bribery and corruption within the organization. Rotiboy Group does not tolerate Bribery and Corruption!
This ABC Policy shall apply to all Directors, Managers, members of the Rotiboy Group in dealing with internal and external parties in the commercial context.
This policy's scope also applies to Suppliers, Franchisees, current and future Business Partners. From here on, this group will be known as ‘Business Partners’.
Bribery or Corruption is the act of giving or receiving of any gratification or reward in the form of cash or in-kind of high value for performing a task in relation to his/her job description. Accordingly, all members of the Rotiboy Group and Business Partners must refrain from any acts of bribery that take the form of offering, promising, giving, demanding, or receiving anything of value to anyone in the form of bribes, kickbacks and/or any other improper gratification (including gifts, hospitality and entertainment) to influence the outcome of any transaction improperly, whether it is for their benefit or the benefit of the Rotiboy Group.
Gratification can be subdivided into the following categories (without limitation to):-
|OF MONETARY VALUE
All members and Business Partners of the Rotiboy Group are responsible for keeping themselves up-to-date with the Rotiboy Group and their employer's latest policies and processes, in particular, this Rotiboy’s ABC Policy and ensuring the highest standards of compliance are followed.
This policy outlines the spirit behind the Company’s approach and standard procedures, which must be followed in the ordinary course of business. Where circumstances are abnormal or situations not anticipated by this document arise, these matters should be resolved in a manner that is consistent with the whole aim and spirit of this policy.
It is difficult for any policy to cover every conceivable situation therefore, there may be some particular circumstances that fall outside the scope of the above policy. These individual cases will be discussed with the individual and a mutually agreeable arrangement will be made. Any matter not specifically covered under the policy guidelines shall be referred to the Head, People & Culture (David Jansen) for necessary advice. The interpretation of this policy rests exclusively with the Rotiboy Group. The decision of the company shall be final and binding.