Third-party gifts, bribes and corruption risks
28 Nov, 2022 by
With the holiday season approaching and the resulting customary gifts, the question arises as to how far an employee can accept gifts from customers or suppliers. There is a fine line between gifts, bribes and the risk of corruption.
Gifts from customers or suppliers can be problematic if they exceed a certain amount. Here is an overview of the legal limits and the measures that employers can take to avoid any inconvenience.
This article develops the following topics:
- customary gifts from a customer or supplier
- company regulations
- duty of restitution
- duty of care and loyalty
- acceptance or solicitation of bribes
- passive bribery