Chapter

Bribery and corruption, fraud, money laundering, conflicts of interests

From Research by Gold

Concepts

1. Bribery Corruption

   "Bribery and corruption, including expressly prohibiting the direct or indirect giving, paying, promising or accepting of anything of value to obtain, retain or direct business, to secure an improper

2. Money Laundering

   "Money laundering, including the act of hiding illegal funds (especially those with possible links to terrorism or criminal activity) or giving such funds apparent legitimacy."

3. Conflicts Interest

   "Actual or apparent conflicts of interest between personal and business interests, including using World Gold Council information and resources for improper gains."

4. Gifts Entertainment

   "Inappropriate provision of gifts, entertainment, or meals to World Gold Council personnel or third parties representing World Gold Council. When legitimately required in rare cases, they should be of

5. Fraud

   "Fraud, including false accounting, invoice fraud, procurement fraud, cyber fraud, and making false or misleading statements in any documentation, reports, or communications provided to the World Gold