Anti-Bribery and Corruption (ABC) refers to the set of laws, policies and practices aimed at preventing individuals and organisations from engaging in unethical conduct such as bribery, fraud, extortion and corrupt business practices.
- Bribery: Offering, giving, receiving, or soliciting something of value (money, gifts, favors, or benefits) to improperly influence a person in a position of authority.
- Corruption: The abuse of entrusted power or authority for personal or organisational gain, undermining fairness, transparency and trust.
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