Anti-Corruption and Anti-Bribery
Statement from the Managing Director:
Bribery and corruption remain a major issue in world trade, despite the many dedicated
efforts to prevent them. Our legal obligations will, as many of you will be aware, become
substantially greater from July 2011 when the Bribery Act 2010 comes into force in the
UK. That Act affects us, as a UK company, if bribery occurs anywhere in our business.
Corruption and bribery are very damaging to the societies in which they occur. They
divert money and other resources from those who need them most. They hinder
economic and social development. They damage business, not least by increasing the
cost of goods and services.
We run our business with integrity. All of us must work together to ensure that they
remain untainted by bribery or corruption. This policy is the core of that effort. It is my
personal responsibility, it has the full support of our Board, and it is my commitment to
make sure we follow it. But it needs the full support of you, our people, to make it work.
In all our interests, I am relying on you to give it that support.
In this policy 'we', 'us', and 'the Company' mean South East Water Limited.
If you have any questions on this policy, please contact your line manager.
Paul Butler, Managing Director
Anti-Corruption and Anti-Bribery Policy
This policy sets out the steps all of us must take to prevent bribery and corruption in our
business and to comply with relevant legislation and South East Water requirements.
What are bribery and corruption?
Corruption is the misuse of office or power for private gain. Bribery is a form of
corruption. It means:
- giving or receiving money, gifts, meals, entertainment or anything else of value
- as an inducement to a person to do something which is dishonest or illegal
- in the course of doing business.
In other words, bribery is designed to make a person act wrongly to secure an
advantage for the giver.
Who is covered by this policy?
This policy applies to all individuals working at all levels, including senior managers,
officers, directors, employees (whether permanent, fixed term or temporary),
consultants, contractors, suppliers, trainees, seconded staff, homeworkers, casual
workers, agency staff, volunteers, interns, agents, sponsors or any other person
associated with the Company or their employees, wherever located (collectively known
as workers in this policy).
The legal position on bribery
Bribery and corruption are criminal offences in most countries where we do business.
UK-incorporated companies, including ourselves, are subject to the Bribery Act 2010.
Under the Act, it is illegal:
- to pay or offer to pay a bribe
- to receive or agree to receive a bribe
- to bribe a foreign public official
- for a commercial organisation, to fail to have adequate procedures in place to
Our position on bribery
Our position is simple. We conduct our business to the highest legal and ethical
standards. We will not be party to corruption or bribery in any form. Such acts damage
our reputation and expose us, and our employees, to the risk of fines and imprisonment.
We take a zero tolerance approach to bribery and corruption by our people and our third
Risks of not acting with integrity
Involvement in bribery or corruption carries many risks. Among them are:
a company which pays — or accepts — bribes is not in control of its business
- and is at risk of blackmail
- the UK Bribery Act is one of the widest-ranging pieces of legislation in the field. It
covers any corrupt act by a UK company (or by a foreign company trading here)
wherever it occurs
- if the Company is found guilty of bribery — or even of failing to have adequate
procedures in place to prevent bribery — it may be subject to large fines
- any person guilty of bribery may be subject to fines and/or imprisonment (up to
10 years under the Bribery Act)
- a public exposure, or even allegation, of bribery would entail severe reputational
- the cost of our insurance cover could increase very significantly, and
- good people will not want to work for us.
Benefits of integrity
Equally, there are very clear benefits to acting with propriety:
- we remain in good standing with our banks and our own suppliers and they will
want to keep doing business with us
- a business with high ethical standards is a good place to work. It promotes clear
communication and lets us act with confidence.
What are indicators of bribery?
Common indicators of corruption include those listed below. There may well be others.
Payments are for abnormal amounts (eg commission), or made in an unusual way, eg what would normally be a single payments is made in stages, through a bank account never previously used, or in a currency or via a country which has no connection with the transaction
Process is bypassed for approval or sign-off of terms or submission of tender documents, payments, or other commercial matters; those whose job it is to monitor commercial processes may be prevented from or hindered in doing so Individuals are secretive about certain matters or relationships and/or insist on dealing with them personally. They may make trips at short notice without explanation, or have a more lavish lifestyle than expected
Decisions are taken for which there is no clear rationale
Records are incomplete or missing
Conflicts of Interest
The best way to ensure that you will not find yourself in a position that you are perceived
to have taken a bribe is to look at the areas where you may have conflicts of interest. For
example, you may have a sister who works for a supplier of ours.
It is your responsibility as a worker to put the interests of South East Water before your
own personal interests. Therefore if you believe there may be a conflict of interest, you
should consider declaring that and not putting yourself in a position whereby you have to
choose, if it is not possible for example to be objective.
For example, you may receive a complaint from a customer or supplier who is also a friend. In such a case you should declare this to your line manager and due to the nature of the complaint it may be more appropriate for someone else to deal with it.
When you determine that you have a conflict of interest you should consider the consequences and disclose the conflict to your line manager or the compliance officer.
Depending on the consequences it may be appropriate to remove yourself from the
Who is responsible for this policy
The Managing Director and the board of Directors have overall responsibility for
ensuring this policy complies with our legal and ethical obligations, and that all those
under our control comply with it.
The compliance officer has primary and day to day responsibility for implementing this
policy and for monitoring its use and effectiveness. Management at all levels are
responsible for ensuring those reporting to them are made aware of and understand this
policy and are given adequate and regular training on it.
Areas of specific risk Certain areas of business are often at higher risk than others.
Gifts and hospitality. This is covered separately in the Hospitality and Gifts
Policy. Please familiarise yourself with this. It is available on our Website.
We use external parties to help us achieve our business objectives. Whilst that use is important, and in some cases essential, it can involve significant risks. This is also dealt with in the above mentioned Hospitality, Gratuities and Gifts policy.
Political contributions. You should be aware that such contributions can be (or
be seen as) bribes in disguise. No worker is to make a donation stated to be, or
which could be taken to be, on our behalf without the prior approval of the Board.
You may, of course, make political donations in a personal capacity.
Bribes may even be disguised as charitable donations or sponsorship. Whilst individuals may of course make personal donations to charity or sponsor a cause, they should not do so on
behalf of the Company without prior approval from the Board.
There may of course be exceptional circumstances, for example if a worker is faced with
a threat to his or her personal safety or that of another person if a payment is not made.
In such cases, the compliance officer must be contacted immediately.
It is essential that we keep full and accurate records of all our financial dealings.
Transparency is vital; false or misleading records could be very damaging to us. Under
money laundering regulations our lawyers and accountants are obliged to report
anything which appears to be irregular. There is a Gift and Hospitality record book in
Gillian White’s office in the Swan Building in Snodland in which all gifts and hospitality
given or received should be recorded (save for those of nominal value).
All workers must observe this policy. It will count for nothing unless we do. The
compliance officer and Human Resources will monitor it regularly to make sure it is
being adhered to. In doing this they act in the interest of our business as a whole, and it
is therefore the responsibility of all of us to help them in this.
Everyone in the Company is responsible:
- for reading and knowing the contents of this policy
- for keeping full and accurate records of all cases where bribery is suspected
- for reporting cases where you know, or have a reasonable suspicion, that bribery
has occurred or is likely to occur in our business.
What to do if you think something is wrong
Each of us has a responsibility to speak out if we discover anything corrupt or otherwise
improper occurring in relation to our business. We cannot maintain our integrity unless
we do that. If you discover or suspect corruption, whether:
- by another worker
- by a third party who represents us
- by one of our suppliers or competitors
- or by anyone else – perhaps even a customer seeking to get better terms from
us, please report it to your line manager and the compliance officer as soon as
possible. If for any reason you cannot do this, please follow the instructions in
the Whistle Blowing Policy for disclosure. We will investigate all allegations of
Any employee who is thought to be in breach of this policy shall be investigated in
accordance with SEW’s Disciplinary Procedure and if evidence of bribery or corruption is
found this shall be viewed as gross misconduct and SEW reserves the right to terminate
your contract of employment. We reserve the right to terminate our contractual
relationships with other workers if they breach this policy.
We take this Policy very seriously. Our reputation comes from the way we act. Anyone
who pays bribes on our behalf has no place in our business. Equally, we will not
penalise someone who loses business through not paying a bribe. If in doubt about
anything in this policy, do not hesitate to contact: Nicolas Truillet, Compliance Officer.
Nicolas.firstname.lastname@example.org or 01634873191.