Financial Compliance

Gifts & Hospitality (FC006)

Gifts and hospitality are great. Champagne, a luxury dinner, an all-expenses-paid trip abroad. Who wouldn’t enjoy receiving an unexpected benefit in their line of work? But if that surprise gift now meant you were expected to do something for someone else, that would be considered a bribe.

Gifts and hospitality are a high-risk area for corruption. Although small gifts are usually acceptable, problems arise when companies don’t set clear guidelines for their employees or have robust policies in place. To make sure you’re not caught out, you need to keep a record of any accepted gifts, consult your company policy, and learn to recognize what is and isn’t appropriate.

By the end of this course, you’ll be able to:

• Recognize the bribery risks of gifts and hospitality
• Learn to identify which gifts and hospitality are appropriate
• Clarify how your gifts and hospitality policy affects you

Why take this course?

Anyone working in business or finance can be vulnerable to bribery risks, so this course is ideal. You’ll learn how to recognize a bribe surrounding the donation of gifts and hospitality. This course will also help you test what is and isn’t appropriate and clarify your gifts and hospitality policy.

10 mins | SCORM | Takeaway Tasks

  • Gifts & Hospitality
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: 3 years