Anti-Bribery Statement
At Sonas Group Ltd, we are committed to conducting business with integrity, honesty and transparency in every country in which we operate. As a global company headquartered in the United Kingdom, we maintain a zero-tolerance approach to bribery and corruption in all forms.
We comply with the UK Bribery Act 2010 and all applicable anti-bribery and anti-corruption laws in the jurisdictions where we conduct business. We do not offer, promise, give, request, agree to receive, or accept bribes or any improper advantage, whether directly or indirectly through third parties.
This commitment applies to all employees, directors, officers, contractors, consultants, agents, distributors, suppliers, joint venture partners and any other persons acting on behalf of Sonas Group Ltd.
In particular, we:
- Prohibit bribery of public officials and private individuals.
- Prohibit facilitation payments, even where they may be considered customary in certain countries.
- Require that gifts, hospitality and expenses are reasonable, proportionate, transparent and properly recorded.
- Conduct appropriate due diligence on third parties and business partners.
- Maintain accurate books, records and internal controls to prevent and detect improper payments.
- Encourage employees and stakeholders to raise concerns about suspected bribery or corruption without fear of retaliation.
All personnel are expected to complete relevant anti-bribery training and to comply with our Anti-Bribery and Corruption Policy and related procedures.
Any breach of this statement or our anti-bribery requirements may result in disciplinary action, termination of employment or business relationships, and where appropriate, referral to law enforcement authorities.
The Board and senior management of Sonas Group Ltd are fully committed to fostering a culture of ethical business conduct and ensuring that effective procedures are in place to prevent bribery and corruption throughout our global operations.
Anti-Money Laundering Statement
At Sonas Group Ltd, we are committed to conducting business in a lawful, ethical and transparent manner. We have a zero-tolerance approach to money laundering, terrorist financing and any activity that facilitates the concealment, transfer or use of the proceeds of crime.
As a global company headquartered in the United Kingdom, we comply with all applicable anti-money laundering and counter-terrorist financing laws and regulations in the jurisdictions where we operate, including the Proceeds of Crime Act 2002, the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended), and relevant international standards.
This commitment applies to all employees, directors, officers, contractors, consultants, agents, suppliers, business partners and any other persons acting on behalf of Sonas Group Ltd.
We are committed to:
- Conducting appropriate due diligence on customers, suppliers, business partners and other relevant third parties.
- Identifying and verifying the identity of counterparties where required by law or company policy.
- Assessing and managing money laundering and terrorist financing risks associated with our business activities, products, services and geographic operations.
- Monitoring transactions and business relationships for unusual, suspicious or potentially unlawful activity.
- Maintaining accurate and complete books, records and supporting documentation.
- Reporting suspicious activity to the appropriate internal function and, where required, to the relevant authorities.
- Providing regular anti-money laundering training to employees and promoting awareness of AML obligations throughout the organisation.
Employees and representatives of Sonas Group Ltd must remain vigilant and must not knowingly engage in, assist, or facilitate any transaction or activity that may involve the proceeds of crime or terrorist financing. Concerns or suspicions must be reported promptly through the company’s designated reporting channels. Individuals who raise concerns in good faith will be protected from retaliation.
Any breach of this statement, our AML policies, or applicable laws may result in disciplinary action, termination of employment or business relationships, and referral to law enforcement or regulatory authorities where appropriate.
The Board and senior management of Sonas Group Ltd are fully committed to maintaining effective systems and controls to prevent, detect and respond to money laundering and terrorist financing risks across our global operations.