Anti-Corruption Compliance Policy
Integrity First: Our Commitment to Anti-Corruption and Ethical Business Practices
Purpose
This Anti-Corruption Compliance Policy aims to ensure that all employees and associated parties adhere to the highest standards of ethical conduct in all business dealings. Our commitment to integrity and compliance with applicable laws is essential to maintaining our reputation and fostering trust with our clients, stakeholders, and the public.
Scope
This policy applies to all employees, officers, directors, and third parties acting on behalf of QuantaAdvance Solutions across all jurisdictions in which we operate.
Policy Statement
The Company prohibits any form of bribery or corruption, whether directly or indirectly, in the conduct of business. This includes offering, promising, giving, accepting, or soliciting anything of value to influence decisions or gain an unfair advantage.
Corruption
The abuse of entrusted power for private gain, including bribery.
Gift
Any item of value given or received without payment, including cash, goods, services, or favors.
Entertainment
Any event or activity intended to provide enjoyment, including meals, concerts, or recreational activities.
Government Official
Any individual in a legislative, administrative, or judicial role, whether appointed or elected, including officials of public international organizations.
Compliance Guidelines
Prohibition of Bribery
Employees must not offer, pay, or receive bribes or kickbacks in any form, whether in cash or in kind.
Payment of Commissions
Commissions must be transparent, documented, and aligned with industry standards.
Payments to intermediaries must be for legitimate services rendered and not intended to influence any government official or business decision.
Reporting and Accountability
Employees are encouraged to report any suspicious activities or violations of this policy to their supervisor or the compliance officer.
Retaliation against individuals who report violations in good faith will not be tolerated.
Training and Awareness
All employees will receive regular training on anti-corruption laws and ethical business practices.
Employees are expected to familiarize themselves with this policy and ensure compliance in their daily operations.
Violations of this policy may result in disciplinary action, including termination of employment and legal action. The Company is committed to investigating all reports of non-compliance thoroughly and promptly.
This policy will be reviewed annually and revised as necessary to ensure continued compliance with applicable laws and regulations.