Statement of Assurance – Commitment to Counter Bribery
At Verylocals LTD, we are committed to conducting our business with the utmost integrity, transparency, and in compliance with all applicable laws and regulations. We unequivocally condemn bribery and corruption in all their forms and have implemented stringent measures to prevent, detect, and address any such activities within our organization.
Our Commitment:
- Zero-Tolerance Policy: Verylocals LTD maintains a zero-tolerance policy towards bribery, whether it involves employees, agents, suppliers, or any other party associated with our operations.
- Compliance with Laws: We fully comply with all anti-bribery and corruption laws and regulations in the jurisdictions where we operate. This includes adherence to the UK Bribery Act and relevant international standards.
- Robust Policies and Procedures: We have established comprehensive anti-bribery and corruption policies and procedures that guide the behavior of our employees and partners. These policies include guidelines for gifts and hospitality, facilitation payments, and reporting procedures.
- Training and Awareness: We provide regular training and awareness programs to ensure that our employees and stakeholders understand the importance of ethical conduct and recognize the signs of bribery and corruption.
- Due Diligence: Before engaging with third parties, we conduct thorough due diligence to assess their integrity and ethical standards, mitigating the risk of involvement in corrupt activities.
- Reporting Mechanisms: We maintain anonymous reporting mechanisms that allow employees and others to report suspected incidents of bribery or corruption without fear of retaliation.
- Investigations and Enforcement: In the event of suspected bribery or corruption, we conduct prompt and impartial investigations. If violations are confirmed, appropriate disciplinary action is taken, which may include termination of employment or contractual relationships.
Transparency:
As of the date of this statement, Verylocals LTD has not been subject to any cases or convictions related to bribery or corruption. We are committed to maintaining this record through our unwavering dedication to ethical business practices.
Ongoing Commitment:
Our commitment to countering bribery is not static; it is an ongoing and evolving process. We regularly review and enhance our anti-bribery measures to adapt to changing business environments and emerging risks.
We pledge to uphold the highest standards of integrity and ethics in all aspects of our business operations. Our dedication to countering bribery is an integral part of our corporate culture and reflects our unwavering commitment to doing business with honesty, fairness, and accountability.
