At Corrency, we want to do business ethically and create a transparent environment for the public and our own employees. We take the fight against corruption seriously and understand it not in isolation but in its entire context.
At Corrency, we want to do business ethically and create a transparent environment for the public and our own employees. We take the fight against corruption seriously and understand it not in isolation but in its entire context. That is why the Company has adopted a Code of Ethics, an Anti-Corruption Declaration, an Anti-Corruption Program and an Anti-Corruption Policy, in which the Company subscribes to an active fight against corruption and zero tolerance of corrupt behaviour in any form, while setting rules for the prevention, detection and thorough investigation of any corrupt behaviour, is binding on all our senior officers, managers and employees, and also impacts our business partners.
We require each of our new business partners to learn about and agree to the commitment that:
A commitment in this wording, the so-called anti-corruption clause, will be part of the contractual arrangements when new relationships with business partners are established or changed.
One of the basic processes of the adopted Anti-Corruption Programme is due diligence of specified categories of business partners of CorCo Systems a.s. This due diligence is a procedure aimed at finding out information about business partners in order to identify potential risks of future or ongoing cooperation, including the risk of potential conflict of interest, conviction of a legal entity, suspicion of corrupt practices or other criminal activity, prohibited/unethical business practices, connection to politically involved persons, connection to a negative media case, etc.
In this context, Corrency informs its business partners that before and during the contractual relationship, the business partner, members of its statutory body and its owners may be judged on the basis of information obtained from publicly available sources, including the media. Based on the outcome of this process, the business partner may also be asked to clarify or explain the facts found or to provide evidence of the level of implementation of specific anti-corruption measures at the business partner.
Notifications arising from the anti-corruption clause and questions concerning anti-corruption measures in our company must be directed to our Compliance Manager Adam Zvonar at the e-mail address oznameni@corrency.cz or in writing to Sokolovská 394/17, Prague 8, 186 00 (in the case of delivery by post, the envelope must always be marked "Do not open - notification of suspicions").
You will not be subject to any retaliation, action, or negative harm for making a notification. You can rely on the assurance that your confidentiality and, if you request, your anonymity will be assured and that your notification will be properly investigated.