Bribery and AML Flashcards
1
Q
what is Bribery
A
Offering, giving , receiving or Soliciting
2
Q
what makes a bribery?
A
Giving
Receiving
Promising
Offering
3
Q
What act is to do with bribery ?
A
Bribery Act 2010
4
Q
6 principles of Bribery
A
- Proportionality
- Risk assessment
- Communication
- Top level commitment
- Due diligence
6 Monitoring and receiving.
5
Q
what are the four briber offenses?
A
- Bribing
- Receiving
- Bribing public officials.
- Failing to prevent.
6
Q
AML - anti-money laundering is linked to?
A
money laundering and terrorist financing & transfer of funds regulation 7
7
Q
what should you do to ensure compliant with AML
A
- Due Diligence
- Offencess and transparency
- Red Flags.
