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Policy

Anti-Corruption Policy

The purpose of this policy is to provide guidelines to prevent corruption and bribery within Bayond LLC.

Scope

This policy applies to all employees, officers, agents, consultants, and anyone representing Bayond LLC.

Prohibited Actions

  • Offering, giving, receiving, or soliciting any item of value to influence the actions of an official or other person in discharge of a public or company duty.

  • Making illegal payments to public officials, political candidates, or any other parties.

  • Engaging in bribery through third parties.

Compliance

All employees must comply with this policy. Violations will result in disciplinary action, up to and including termination of employment.

Reporting

Any suspected or actual corruption or bribery must be reported immediately to the Compliance Department.

Code of Ethics

This Code of Ethics sets forth the ethical standards and expectations for all employees and representatives of Bayond LLC.

Basic Principles

  • Compliance with all applicable laws and regulations.

  • Maintenance of high ethical standards in all business activities.

  • Promotion of fair trade practices.

Guidelines for Conduct

  • Act with honesty and integrity in all interactions.

  • Protect and properly use company assets and resources.

  • Respect the confidentiality of sensitive information.

Reporting Violations

Any unethical behavior or violations of this Code must be reported to the Compliance Department.

Disciplinary Actions

Violations of this Code may result in disciplinary action, including termination of employment.

Commission Payment Policy

The purpose of this policy is to ensure transparency and fairness in the payment of commissions within Bayond LLC.

Scope

This policy applies to all employees and anyone involved in commission-based transactions with Bayond LLC.

Basic Principles

  • Commissions must be based on legitimate business activities.

  • All commission payments must be documented in clear and written agreements.

Procedures

  • Commission payments must receive appropriate approval before disbursement.

  • All commission transactions are subject to regular internal audits.

Record Keeping

All commission payments must be recorded in detail and maintained for a minimum of five years.

Hospitality Policy

This policy provides guidelines for conducting hospitality activities involving customers or government officials.

Scope

This policy applies to all employees and representatives of Bayond LLC.

Basic Principles

  • Hospitality must be conducted for legitimate business purposes.

  • The nature of hospitality must be appropriate and reasonable.

Procedures

  • Prior approval from a supervisor is required before extending hospitality.

  • Detailed records of hospitality expenses and activities must be maintained and subject to periodic audits.

Limits

  • The value of gifts and hospitality must be within reasonable limits.

  • Excessive hospitality or gifts are prohibited.

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