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INTRODUCTION
At Bank Audi sal, we commit to the highest standards of integrity, ethics, and transparency. Aligned with FATF recommendations and BDL regulations, our ABC Policy outlines our commitment to preventing bribery and corruption.
1. Policy Statement:
- Zero Tolerance:
Bank Audi sal operates a strict zero-tolerance policy towards bribery and corruption in all its forms. We do not, under any circumstances, tolerate bribery, kickbacks, facilitation payments or any other form of improper payments or advantages, whether made directly or indirectly - Compliance with Laws:
We are fully committed to complying with all applicable local and international anti-bribery and corruption laws and regulations, both in Lebanon and in every country where we operate. This includes adhering to international standards such as The Financial Action Task Force (FATF) - Employee Responsibilities:
All employees of Bank Audi sal are required to act ethically and in accordance with our ABC policies. This includes avoiding situations that could be perceived as bribery or corruption, and promptly reporting any concerns or suspicions of such activities through our whistleblowing mechanisms. - Third-Party Relationships:
We at Bank Audi sal expect our business partners, suppliers, and other third parties to share our commitment to anti-bribery and corruption. All third-party relationships are subject to due diligence, and any parties found to be in breach of our ABC standards will face immediate termination of their relationship with the bank. - Whistleblowing Mechanisms:
We encourage all employees, clients, and stakeholders to report any concerns or suspicions of bribery or corruption through our confidential whistleblowing channels. We ensure that all reports are treated seriously, investigated thoroughly, and that whistleblowers are protected from retaliation. Key points for Whistleblowing Mechanisms:- Encouragement to Report: Report suspected violations through designated channels.
- Prohibition of Retaliation: Retaliation against whistleblowers is prohibited.
- Confidential Reporting: Provide confidential channels for reporting concerns.
2. Maintaining Integrity:
Bank Audi sal is dedicated to maintaining a business environment where integrity is at the core of everything we do. Our commitment to combating bribery and corruption is unwavering, and we continuously review and improve our policies to address emerging risks and ensure the highest standards of ethical conduct.
We believe that by working together, we can prevent corruption and uphold the values that make Bank Audi sal a trusted partner in the financial community.
For further information about our Anti-Bribery and Corruption policies or to report a concern, please contact our compliance department or visit our whistleblowing portal.
By engaging with Bank Audi sal, Clients agree to comply with our ABC Policy. Violations may lead to termination of business relationships and legal consequences. Clients must conduct their affairs in accordance with all applicable laws and regulations.
