Policies, Terms and Conditions

This overview of Heuristix Digital Technologies Group Anti-Corruption Policy outlines the principles that HDT and  its subsidiaries, and associates follow to achieve zero-tolerance against bribery and corruption. The objective of  our anti-corruption policy is to ensure that appropriate anti-corruption and bribery procedures are in place across  the globe to avoid any violations of relevant laws and regulations. 

This policy applies to all officers, directors, shareholders, employees and appointed third party representatives of HDT (including but not limited to agents, intermediaries, consultants and introducers) in all locations. Violation of this policy will be severely sanctioned, including where appropriate disciplinary procedures, up to and including termination of employment and possible referral to the appropriate criminal or regulatory authorities. HDT intends to review doing business with others who do not commit to the same standard of zero-tolerance of corruption, including joint ventures partners and distributors.

• HDT have embedded within its business the following principles and controls to achieve zero tolerance against bribery and corruption: No acceptance or offering of bribes and facilitating payments
  • Strictly prohibited from giving or receiving bribes  (i.e. personal benefit for any improper advantage) as  well as facilitating payments (regardless of whether  these are common practices in a particular country)  which involve anything of value to government  officials in order to expedite or facilitate routine, non-discretionary government actions.
    
    

• Charitable and political donations

• • Prohibited from payment of donations that are linked to obtaining any improper advantage, including facilitating payments.
    
    
• Gifts and Entertainment
  • Prohibited from providing gift or entertainment to clients, prospects, government officials or their family members when such expenses are not incurred while conducting company business and/or do not satisfy this policy and our related policies.
    
    

• Payment & Record-keeping
  • All relevant expenditures must be properly documented, approved and maintained for a minimum of 8 years.
    
    

• Government officials
  • Required to adhere to our additional recordkeeping
    requirements regarding all expenditures related to government officials. Written prior approval is required when a certain threshold is exceeded.
    
    

• Due Diligence on Third-Party Representatives
  • Required to conduct an appropriate due diligence
    review on background, reputation, and business
    capability before engaging or contracting with any third-party representatives and to include anti-corruption provisions in any such contract.
    
    

• Periodic training
  • Required to carry out appropriate training to
    employees regarding the Anti-Corruption Policy and their role to ensure compliance.
    
    

We shall monitor compliance with our Anti-Corruption Policy. Further, all persons covered by this policy must promptly report any violation or suspected violation of this policy to the Board of Directors.