Anti-Bribery and Corruption Policy

Paytia's comprehensive anti-bribery and corruption policy outlines our commitment to ethical business practices and compliance with UK Bribery Act 2010.

Paytia's commitment to maintaining the highest standards of ethical business conduct

Paytia is committed to conducting business ethically and with integrity. We have a zero-tolerance approach to bribery and corruption in all forms. This policy applies to all employees, directors, contractors, consultants, and business partners acting on behalf of Paytia.

Ethical Business Standards and Compliance

1. Policy Statement

2. Scope

3. Definitions

4. Prohibited Activities

5. Gifts and Hospitality

6. Third-Party Relationships

7. Red Flags

8. Reporting Procedures

9. Training and Awareness

10. Consequences of Non-Compliance

11. Monitoring and Review

12. Contact Information

Bribery

Corruption

Facilitation Payments

Acceptable Gifts and Hospitality

Unacceptable Gifts and Hospitality

The offering, promising, giving, accepting, or soliciting of an advantage as an inducement for action which is illegal, unethical, or a breach of trust.

The abuse of entrusted power for private gain, including acts of bribery, fraud, embezzlement, and money laundering.

Small payments made to government officials to expedite routine administrative processes. These are prohibited under this policy.

Modest gifts and reasonable hospitality may be acceptable provided they:

Paytia conducts due diligence on all business partners, suppliers, and third-party representatives to ensure they:

Be alert to potential warning signs of bribery or corruption, including:

All employees have a duty to report suspected bribery or corruption. Reports can be made:

All reports will be treated confidentially and investigated thoroughly. Paytia prohibits retaliation against anyone who reports suspected wrongdoing in good faith.

Paytia provides regular training on anti-bribery and corruption to ensure all employees understand:

This policy is reviewed annually and updated as necessary to ensure it remains effective and compliant with current laws and best practices. The Compliance Officer monitors adherence to this policy and reports regularly to senior management and the board.

For questions about this policy or to report concerns, contact:

This policy demonstrates Paytia's commitment to the highest standards of ethical business conduct and compliance with the UK Bribery Act 2010 and other applicable anti-corruption laws.

Last updated: December 2024

This policy applies to:

The following activities are strictly prohibited:

The following are never acceptable:

Violations of this policy may result in: