Bribery can be defined as ‘giving someone a financial gain or other advantage to encourage them to perform their duties improperly or rewarding them for having done so.’
Corruption is similar to bribery but is different as it covers actions that include the abuse of a position of power or authority. This includes unlawful conduct of private and public officials at all levels, and under UK laws, applies to activities performed here in the UK and overseas.
We believe that it is just and fair to combat bribery and corruption because they are crimes that contribute towards economic and social instability, entrenches poverty, and attacks the principles of equality and universal human rights.
MSP Capital is committed to taking all reasonable steps to prevent bribery and corruption, and to reporting these activities to the appropriate law enforcement agencies where this is necessary. We have implemented policies, controls, and procedures to identify and manage these risks, and these are defined in our Anti Bribery and Corruption Policy.
They are applicable to all MSP Capital employees, and any other associated parties who are acting for and on behalf of MSP Capital. This includes subsidiaries or associated companies and includes, but is not limited to, directors, agency employees, contractors, consultants, agents, suppliers, and sponsors.