<img src="https://certify.alexametrics.com/atrk.gif?account=b2hlr1ah9W20em" style="display:none" height="1" width="1" alt="">
    Login
    Get started

    dealing with hospitality

    The giving and receiving of gifts in the corporate world can often play an important role in helping to build business relationships.

    However, organisations must be aware that there is a very fine line between a simple gift or hospitality gesture, and an act of bribery.

    With Christmas just around the corner, now is a prime time for firms to fall into the trap of accepting a gift that was given to them for dishonest and unethical means, leaving themselves vulnerable to accusations of unlawful conduct.

    Download a free copy of our Anti-Bribery training presentation

    So, in order to get this right, businesses and employees need to understand when a gift is appropriate or inappropriate, and whether it was given out of honest goodwill, for something in return or to influence your decision in some way.

    Follow these tips when dealing with hospitality in your firm:

    1. Check whether the hospitality meets the 3 criteria - i.e. is there a legitimate business purpose, is it proportionate (i.e. is it reasonable or would it be seen as unduly lavish?), and is it transparent (i.e. dealing with hospitalityhave you declared it in your company's Gifts and Hospitality Register and told your manager about it)? Is there any conflict of interest or would there be a perception of one?
    2. Think about the timing and context - before giving and receiving hospitality. What other events are happening around the same time? For example, are there job vacancies, a tendering process, or contract negotiations? If so, any hospitality may be seen as an attempt to unduly influence the outcome.
    3. Make sure there is fairness (i.e. any hospitality is extended to everyone) - if certain groups are singled out to receive benefits but not others, this suggests impropriety. Offer any benefits universally across the board.
    4. Remember that the host should be present when giving or accepting hospitality - otherwise it is classed as a gift.
    5. Check limits - don't exceed any threshold or limit stated in company policies.
    6. Avoid offering anything of value - such as expensive theatre tickets, or tickets to exclusive events. If you have to do something, stick to something of token value.
    7. Get advice from your manager or Compliance - particularly if you have to accept hospitality to avoid offence or for reasons of cultural etiquette.

    Leave a comment

    Tick

    eBook: Essential Uncovered

    Skillcast Essentials is our best-selling library and there's a reason for that. Essentials library provides comprehensive coverage of the key compliance / conduct issues that companies in the UK face today.

    Request now

    9 ways to reduce the risk of bribery and corruption

    Corruption affects all countries, rich and poor. It causes instability, inequality, and poverty, eroding national wealth. Despite the UK Bribery Act coming into force in 2011 as one of the toughest ...

    Read More
    Highlights from the GDPR 2019 Summit

    Almost a year on from the implementation of the GDPR, Skillcast held a breakfast forum for its clients at South Place Hotel. During this session, Skillcast gave a breakdown of the new GDPR Library of ...

    Read More
    Compliance Essentials News - May 2019

    Here's a selection of the most informative compliance news stories this month - regulatory announcements, market studies, and stories about compliance lapses and downright disregard of ...

    Read More
    FCA Compliance News - May 2019

    Here's a selection of news stories from the last month that touch upon the people dimension of regulatory compliance. Select the links or scroll down for more details. 3 firms and 5 individuals are ...

    Read More