Anti-Bribery Policy of Bank of Cyprus UK

  1. The Bank’s senior management are committed to preventing bribery and to maintaining an ethical bank that competes fairly and openly in the market place.
  2. The Bank has a zero tolerance approach to bribery.  Staff and others acting for or on behalf of the Bank must not offer, give, seek or accept a bribe. 
  3. The Bank has adopted a formal anti-bribery policy and ensures that staff and those performing services for the Bank are made aware of this policy and are periodically reminded of it.  Staff receive regular training on anti-bribery and are required to report any bribery that comes to their attention involving the Bank or its employees, agents or subsidiaries.
  4. The Bank maintains procedures to:
    1. carry out due diligence checks before appointing new employees or agents;
    2. ensure that any corporate hospitality given or accepted is proportionate and reasonable.
  5. This policy and the steps the Bank has in place to tackle bribery will be kept under regular review and will be updated at least annually, and more frequently when appropriate.