Effective Date: February 6, 2023
Company: IT Globals Pvt. Ltd.
Contact:
📧 Email: info@itglobal.com.np
📞 Phone: 01-5913146 / 01-5913147
📍 Address: IT Plaza, 5th Floor, Kamalpokhari, Kathmandu, Nepal
This policy sets out IT Globals Pvt. Ltd.’s zero-tolerance approach to bribery and corruption. It outlines our obligations under global and local Anti-Bribery and Corruption (ABC) laws, and provides guidance on building a robust compliance culture across the company.
All employees, contractors, agents, consultants, and business partners must uphold the highest standards of integrity and comply with this policy.
All representatives of IT Globals Pvt. Ltd. are required to understand and comply with the following anti-bribery and corruption laws:
U.S. Foreign Corrupt Practices Act (FCPA)
UK Bribery Act 2010
OECD Convention on Combating Bribery
Nepal’s anti-corruption laws and regulations
Never offer, authorize, give, solicit, or accept a bribe, whether directly or indirectly.
Implement and follow reasonable procedures and internal controls to ensure ABC compliance.
Conduct due diligence before engaging with third parties (vendors, agents, subcontractors, consultants).
Avoid working with individuals or entities involved in bribery, fraud, or other unethical activities.
ABC laws prohibit:
Offering or giving anything of value to government officials to obtain or retain business.
Receiving bribes or kickbacks in any form.
Falsifying financial records or books to hide illegal payments.
Partnering with third parties who engage in corruption, bribery, or fraud.
Clean books and transparency are non-negotiable.
Violating this policy may result in:
Termination of contracts or employment
Legal action, fines, and reputational damage
Regulatory penalties including billions in fines for organizations involved in international misconduct
Cross-border investigations and enforcement under international treaties
IT Globals Pvt. Ltd. strictly enforces this policy with zero tolerance.
To ensure effective implementation and risk mitigation, we follow the following foundational principles:
Leadership must demonstrate clear and consistent support for anti-corruption initiatives.
A formal Code of Conduct and clear compliance policies must guide daily operations, internal controls, and disciplinary actions.
Compliance personnel must have independence, authority, and sufficient resources to monitor and enforce this policy.
We regularly assess ABC risks related to our operations, clients, geographies, and business model.
Employees and relevant third parties receive periodic training on ABC laws and internal expectations.
Violations are addressed with clear disciplinary actions. Compliance and ethical behavior are embedded into performance evaluations and rewards.
We vet and monitor third-party partners to ensure their practices align with our standards and laws.
We maintain confidential reporting channels and prohibit retaliation against anyone who reports suspected misconduct.
The program is periodically reviewed to ensure effectiveness and updated based on internal findings and external developments.
Every business is unique. As recommended by the U.S. Department of Justice (DOJ) and international bodies, our compliance efforts are customized based on:
Business size and scale
Industry and geographic risk
Types of services offered
Nature of partnerships and third-party exposure
We are committed to evolving this policy and program to reflect changes in our operations and the regulatory landscape.
For questions, clarification, or to report concerns related to bribery or corruption, contact our compliance team:
📧 Email: info@itglobal.com.np
📞 Phone: 01-5913146 / 01-5913147
📍 Office: IT Plaza, 5th Floor, Kamalpokhari, Kathmandu, Nepal
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