FP24 Flashcards
About responsibilities
All managers : to make all employees aware of the Code of Ethics
All employees : to be compliantwith the procedure.
To Area/Segment Presidents and Controllers : report any deviation of the Business Ethics, Anti-corruption and Financial Reporting Policies.
Payments about businesses
No payment to secure business or direct business to 3rd party to be made to political parties / organizations / leaders.
About payment to government officials
No payment to any government official to influence favourably business decisions affecting the company.
About payment for routine governmental actions
Authorized to facilitate payments to complete routine governmental actions (importations, visas, various permits, …).
Must be approved by the GeoMarket Manager or Controller.
About excpetions to these rules
No payment rules do not apply in situations where life or health of an employee or dependent is jeopardized.