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| Fraud, bribery
and corruption |
The Alexander Forbes Anti-Fraud,
Theft and Corruption Policy states (inter-alia):
“Alexander Forbes is committed to providing
a professional working environment that is free
of any form of dishonesty, fraud, theft, corruption,
unethical behaviour or criminal activity.
Alexander Forbes therefore requires
that its directors and employees conduct their
duties and functions in accordance with the highest
standard of governance, ethics, and honesty and
in compliance with all laws.
This policy applies consistently to all levels
of staff employed by Alexander Forbes and must
be read with any other like policy that may be
applicable to an employee in a specific division
or to an employee arising from his or her relationship
or affiliation with any professional or other
body.
Alexander Forbes has
zero tolerance for fraud, theft and corruption.
Accordingly, if an investigation shows any fraud,
theft and/or corruption, appropriate steps will
be taken against the perpetrator, including, but
not limited to, disciplinary action that could
result in dismissal, criminal prosecution and
civil liability.”
During the year, workshops were held to implement
this policy and the group is proactive in reducing
the number of incidents by providing ongoing training
and communication to employees. An internal audit
department and quality control functions monitor
compliance within the company and ensures that
employees are working in a “best practice”
environment, reducing the potential for dishonest
incidents. Employees have access to a 24 hour
“whistleblowers” hotline outsourced
to an external auditing firm. |
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