SUBC IPTV UK Anti-Bribery and Corruption Policy

Purpose

At SUBC IPTV UK, we are dedicated to maintaining a business environment that upholds the highest standards of integrity, transparency, and accountability. Bribery and corruption can distort fair business practices, lead to serious legal consequences, and damage our reputation. This Anti-Bribery and Corruption Policy outlines our commitment to ensuring full compliance with the UK Bribery Act 2010 and any other relevant regulations, emphasizing that bribery and corrupt practices have no place in our organization.

Scope

This policy applies to all SUBC IPTV UK employees, contractors, suppliers, partners, consultants, and any other third parties representing our organization. It is the responsibility of each individual connected to our business to understand, accept, and adhere to the principles outlined in this document. The prohibitions against bribery, corruption, and related unethical practices outlined here extend to all business transactions and relationships, whether they involve public or private entities regardless of location.

Definitions

• Bribery is defined as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or private duty.
• Corruption refers to any misuse of power for personal gain, including any action that abuses the trust placed in an individual due to their role within SUBC IPTV UK.

Policy Statements

1. Prohibition Against Bribery and Corruption
   All forms of bribery and corruption, whether direct or indirect, are strictly prohibited. Employees and representatives of SUBC IPTV UK must not engage in or facilitate any form of bribery, whether it involves cash, gifts, services, or any other form of benefit or incentive intended to influence an outcome improperly.

2. Gifts and Hospitality
   While we recognize that modest gifts and hospitality may be appropriate in certain contexts, it is essential that they remain within reasonable limits. Lavish or excessive gifts, entertainment, or benefits are strictly forbidden, as they may be perceived as attempts to influence a decision or business relationship. All gifts and hospitality expenses must be documented, justified, and approved by senior management to ensure they comply with our standards of transparency.

3. Third-Party Relationships
   SUBC IPTV UK expects its suppliers, agents, consultants, and other third parties to share our commitment to anti-bribery and anti-corruption principles. Any third party acting on our behalf or representing our interests must agree to abide by this policy or adhere to similar standards within their own policies. Third-party relationships are regularly reviewed, and due diligence is conducted to ensure that all associated parties are committed to ethical practices.

4. Facilitation Payments
   Facilitation payments, also known as “grease payments,” are unofficial, small payments made to expedite or secure the performance of a routine government action. Such payments are strictly prohibited, regardless of the amount, as they undermine fair practices and legal regulations.

5. Political Contributions
   Contributions to political parties, causes, or individuals, whether in cash or in-kind, are prohibited when they aim to gain a commercial advantage or could be construed as attempts to influence decisions improperly. Any political contributions made on behalf of SUBC IPTV UK must have prior written approval from senior management and comply with relevant laws.

6. Charitable Donations and Sponsorships
   SUBC IPTV UK supports charitable giving and community initiatives as part of our commitment to social responsibility. However, all charitable donations and sponsorships must be carefully vetted to ensure they are not used as a cover for bribes or to gain a business advantage.

Responsibilities

It is the responsibility of all employees and representatives of SUBC IPTV UK to familiarize themselves with this policy and comply with its guidelines. Managers are responsible for ensuring their teams understand and uphold these principles and for monitoring adherence to the policy within their respective departments. Compliance training will be provided to all staff to help them recognize and prevent bribery and corruption.

Reporting and Whistleblowing

We encourage employees to report any known or suspected violations of this policy. Reports can be made directly to a manager or through our confidential reporting system. SUBC IPTV UK guarantees that all reports will be treated confidentially and will not result in retaliation against individuals who report in good faith. Investigations into reported incidents will be conducted promptly, thoroughly, and fairly.

Consequences of Policy Violation

Violations of this policy are taken very seriously and may result in disciplinary action, including termination of employment or contracts. Individuals who are found to have engaged in bribery or corrupt practices may face legal consequences, including prosecution. SUBC IPTV UK reserves the right to terminate any third-party contract or relationship if the associated party is found to have violated anti-bribery and corruption principles.

Review and Updates

This Anti-Bribery and Corruption Policy will be reviewed annually, or more frequently if required, to ensure its relevance and compliance with current laws and standards. Any updates or modifications will be communicated to all employees and associated parties.

Conclusion

By adhering to this Anti-Bribery and Corruption Policy, SUBC IPTV UK demonstrates its commitment to ethical business practices and legal compliance. We believe in fostering an environment of trust, honesty, and accountability, and we expect all members of our team, as well as our partners and representatives, to share this commitment.