Corruption is viewed as a set of circumstances whereby there is dishonest or fraudulent conduct by individuals or groups who are in a position of power in regard their capacity for the granting of potential benefit, business opportunity or positive outcome. It implies that there is a risk that professional judgement or actions regarding a primary interest will be unduly influenced by a secondary interest.
Secondary interests can relate to the perceived potential for benefit by way of financial gain, professional benefit, reputation, personal relationship, securing business or strategic alliances. It is the specific positive or negative inducement to encourage the misuse of power.
Class A Jewellers is committed to conducting its business fairly, honourably, with integrity and in compliance with all applicable anti-corruption and bribery laws.
Class A Jewellers prohibits its employees from directly, or indirectly, offering or promising to make a payment, or transfer anything of value, for the purpose of improperly obtaining or retaining business, or for any other improper purpose or business advantage. This includes making improper payments through third parties.
Class A Jewellers employees are prohibited from accepting from anyone doing business with Class A Jewellers, payments of money under any circumstances, or special considerations such as gifts, entertainment or travel, or anything else of value unless they are in each instance of a very minor nature, usually associated with accepted business practice such as promotional gifts of low value, and in any instance only on the approval of the Owner/Director of Class A Jewellers.
Class A Jewellers employees may not deviate from the Policy. Violations of this Policy will lead to an investigation in line with the Company’s disciplinary procedure and may lead to disciplinary action including termination of employment with Class A Jewellers. Any employee with knowledge or suspicion of any violations of this Policy must report this to Management immediately.