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The UK Bribery Act 2010 makes it illegal for an organisation to give or receive a bribe and also to have implemented preventive procedures. The penalties for non-compliance are prison sentences and unlimited fines.

A bribe is an inducement or reward offered, promised or provided in order to gain any commercial, contractual, regulatory or personal advantage.
 
Baronsmead Partners LLP has devised and implemented an anti-bribery policy and provided awareness training of the law and the Company’s policy in respect of this to all its employees.
 
It is Baronsmead’s policy to conduct all of its business in an honest and ethical manner. Baronsmead take a zero-tolerance approach to bribery and are committed to acting professionally, fairly and with integrity in all its business dealings and relationships wherever Baronsmead operates; and implementing and enforcing effective systems to counter bribery.
 
Baronsmead does not permit the making of any inappropriate promises, or gifts, to others in order to achieve unfair advantage or benefit.
 
Baronsmead resists any efforts made by others (particularly existing or potential suppliers, customers, insurers or clients) to affect any Baronsmead decision making process in order to achieve unfair advantage or benefit.
 
Baronsmead commits to always reporting and/or documenting any suspicions of non-compliance with this policy to the Serious Organised Crime Agency.
 
Baronsmead may make charitable donations when they are ethical and legal under local laws and practices.
 
This policy is supported by additional policies – a more detailed anti-bribery and corruption policy, policies on Business Gifts and Hospitality and Whistle blowing, and the Company’s Disciplinary Procedure.
 
All policies are available to all staff via the intranet.
 
Any employee found to have contravened the anti-bribery policy will be subject to the Disciplinary Procedure which may find the contravention to be gross misconduct and the person concerned may be summarily dismissed.