Anti-Bribery and Corruption Policy

1. Introduction

ATAS Cloud Sdn Bhd (“the Company”) is committed to conducting business ethically and in compliance with all applicable laws and regulations. This Anti-Bribery and Corruption Policy (“Policy”) outlines our zero-tolerance approach to bribery and corruption and provides guidelines to ensure that all employees, contractors, and business partners act with integrity.

2. Scope

This Policy applies to all employees, officers, directors, contractors, consultants, and any other persons or entities acting on behalf of the Company.

3. Definition of Bribery and Corruption

Bribery involves offering, giving, receiving, or soliciting something of value to influence the actions of an individual in a position of power. Corruption is the abuse of entrusted power for private gain. Both are illegal and unethical.

4. Prohibited Conduct

  • Bribery: The Company prohibits the offering, giving, receiving, or soliciting of any bribe, whether in cash or any other form of inducement.
  • Facilitation Payments: The Company does not permit facilitation payments, which are small payments made to expedite routine government actions.
  • Gifts and Hospitality: Employees must not offer or accept gifts or hospitality that could influence, or appear to influence, business decisions.

5. Responsibilities

  • Employees: All employees are responsible for understanding and complying with this Policy. Any employee who suspects or becomes aware of any bribery or corruption must report it immediately.
  • Management: Managers are responsible for ensuring that their teams understand and adhere to this Policy. They must also lead by example in promoting a culture of integrity.
  • Compliance Officer: The Compliance Officer is responsible for overseeing the implementation of this Policy, providing training, and conducting regular audits.

6. Reporting and Whistleblowing

Employees are encouraged to report any concerns or suspicions of bribery or corruption to abc@atascloud.com. Reports can be made anonymously and without fear of retaliation. The Company will investigate all reports promptly and thoroughly.

7. Training and Communication

The Company will provide regular training on anti-bribery and corruption to all employees. This Policy will be communicated to all employees, contractors, and business partners.

8. Consequences of Non-Compliance

Any employee found to be in violation of this Policy will face disciplinary action, which may include termination of employment. The Company may also terminate contracts with business partners who violate this Policy.

9. Review and Monitoring

This Policy will be reviewed annually and updated as necessary to ensure its effectiveness. The Compliance Officer will monitor compliance and report to the Board of Directors.

10. Conclusion ATAS Cloud Sdn Bhd is committed to maintaining the highest standards of integrity and transparency. By adhering to this Policy, we can protect our reputation and ensure long-term success