Introduction
Pi Healthcare Ltd conducts all business activities in an honest and ethical manner. We maintain a zero-tolerance approach to bribery and corruption and are committed to acting professionally, fairly, and with integrity in all business dealings and relationships.
The purpose of this policy is to:
- Set out the organization's responsibilities, and those of associated parties, in observing and upholding our position on bribery and corruption
- Provide information and guidance to associated parties on how to recognise and deal with bribery and corruption issues
Legal Framework
Under the UK Bribery Act 2010, bribery and corruption are punishable by:
- Up to ten years' imprisonment for individuals
- Unlimited fines for organizations
- Exclusion from tendering for contracts
- Significant reputational damage
Pi Healthcare takes these legal responsibilities seriously and expects all associated parties to comply with applicable anti-bribery legislation.
Who is covered by the policy?
This policy applies to all individuals working at all levels in the business, including The Management Team and all Employees (whether permanent, fixed-term, or temporary), Consultants, Contractors, Trainees and Apprentices, Casual workers and Agency staff, Volunteers, Interns, and any other person associated with us. All such parties are collectively referred to as "associated parties" in this policy.
Our Commitment
Pi Healthcare is committed to:
- Conducting business ethically: Operating with honesty, fairness, and integrity in all commercial relationships
- Zero tolerance: Maintaining an absolute prohibition on all forms of bribery and corruption
- Legal compliance: Upholding all relevant anti-bribery laws including the UK Bribery Act 2010 and international regulations
- Professional standards: Acting professionally and transparently in all business dealings
- Stakeholder protection: Ensuring that our business partners, clients, and stakeholders can trust in our ethical approach
What Constitutes Bribery
Bribery involves offering, promising, giving, requesting, or accepting any financial or other advantage to gain any commercial, contractual, regulatory, or personal advantage, or otherwise influence business decisions improperly. This includes:
- Direct bribes: Cash payments or valuable items offered to secure business advantage
- Indirect advantages: Gifts, entertainment, or services that could influence decision-making
- Facilitation payments: Payments to expedite routine administrative processes
- Third-party bribery: Corrupt practices conducted through intermediaries or business partners
Third Parties
In this policy, "third party" means any individual or organisation encountered during business activities with the organization, including actual and potential clients, customers, suppliers, distributors, business contacts, agents, advisers, government and public bodies (including their advisors, representatives and officials), politicians, and political parties.
Our Standards
Pi Healthcare prohibits:
- Offering or accepting any payment, gift, or advantage to gain business advantage
- Making facilitation payments to expedite administrative processes
- Providing excessive gifts or entertainment that could be perceived as influencing business decisions
- Engaging third parties who do not share our anti-bribery commitments
- Any conduct that could be perceived as corrupt or compromising our integrity
Business Partner Expectations
We expect all business partners, suppliers, contractors, and stakeholders to:
- Share our values: Commit to the same high standards of ethical conduct
- Comply with laws: Adhere to all applicable anti-bribery and corruption legislation
- Report concerns: Notify us of any suspected bribery or corruption issues
- Maintain transparency: Conduct business openly and honestly
- Support our commitment: Actively participate in preventing bribery and corruption
Gifts and Hospitality
While modest business courtesies may be appropriate in certain circumstances, Pi Healthcare maintains strict guidelines:
- All gifts and hospitality must be reasonable, proportionate, and transparent
- No gifts or entertainment should create obligation or expectation of business advantage
- Cash or cash equivalents are never acceptable
- All significant gifts or hospitality must be properly recorded and declared
- Special restrictions apply to interactions with public officials
Third-Party Management
Pi Healthcare implements robust procedures for engaging with third parties:
- Due diligence: Conducting appropriate background checks on business partners
- Contractual requirements: Including anti-bribery clauses in all relevant agreements
- Ongoing monitoring: Regular assessment of third-party compliance
- Clear communication: Ensuring all partners understand our anti-bribery expectations
- Risk assessment: Evaluating corruption risks in all business relationships
Public Officials
Enhanced precautions apply to all interactions with government officials and public sector representatives:
- No payments or advantages may be offered to influence official decisions
- All legitimate business interactions must be transparent and properly documented
- Gifts or hospitality to public officials are strictly prohibited
- Professional services must be provided at fair market rates
- All government relationships must comply with applicable laws and regulations
Reporting and Whistleblowing
Pi Healthcare encourages the reporting of suspected bribery or corruption through:
- Confidential reporting: Secure channels for raising concerns
- Protection from retaliation: Safeguarding those who report issues in good faith
- Prompt investigation: Thorough and timely review of all reported matters
- Appropriate action: Taking necessary steps to address confirmed violations
- External reporting: Cooperation with law enforcement when required
Implementation and Oversight
This policy is supported by:
- Leadership commitment: Senior leadership accountability for anti-bribery measures
- Regular training: Ongoing education for all relevant personnel
- Policy updates: Regular review and enhancement of our procedures
- Risk assessment: Continuous evaluation of bribery and corruption risks
- Monitoring systems: Effective controls to detect and prevent violations
Consequences of Non-Compliance
Violations of this policy may result in:
- Legal action and prosecution
- Financial penalties and damages
- Termination of business relationships
- Exclusion from future business opportunities
Our Promise
Pi Healthcare is dedicated to conducting business with the highest standards of integrity. We believe that ethical business practices are essential for sustainable success and positive stakeholder relationships. Our commitment to preventing bribery and corruption reflects our values and our dedication to building trust with all those we serve.
We will continue to strengthen our anti-bribery measures and work collaboratively with our business partners to maintain the highest ethical standards across all our operations.
This policy is reviewed regularly and updated as necessary to reflect changes in legislation, business practices, and emerging risks. For questions or concerns regarding this policy, please contact theteam@pi-healthcare.com
