All national laws relating to bribery and corruption, especially such laws that are in place in jurisdictions where GMTL has an office(s) or carries out its work, are of importance to the company. In all our work we pay particular attention to the requirements of:
The UK Bribery Act 2010 which entered into effect on 1 July 2011 and which has extra-territorial reach. GMTL is registered in the UK, and this law has particular relevance to the manner in which GMTL conducts itself.
The Foreign Corrupt Practices Act 1977 (FCPA). This Act is in effect in the US, and is directed at companies listed on the US markets. It assumes extra-territorial effect. Adherence to its requirements is mandatory for many of the company’s clients and its requirements are fully adopted by the company.
In reference to these two pieces of legislation, GMTL, its employees and affiliates are:
- Prohibited from offering, promising or paying a bribe of any kind
- Prohibited from soliciting, accepting or receiving a bribe of any kind
- Prohibited from giving or offering anything of value to a public official
- Required to comply with the company’s guidelines and authorization levels in relation to the giving and receipt of gifts and hospitality
- Prohibited from making facilitation payments