Summary
This document is a standard that outlines BT's approach to High Risk Third Party (HRTP) Anti-Bribery and Corruption (ABC) due diligence. It applies to all individuals working for or on behalf of BT, especially those in customer-facing roles, procurement, sales, marketing, and contract management. The standard emphasizes the importance of understanding the risks associated with HRTPs and mandates compliance with established rules and procedures. It details the responsibilities of employees in managing relationships with HRTPs, including the requirement for approvals and annual monitoring to ensure adherence to contractual obligations and legal regulations. The document also categorizes third parties into in-scope, maybe in-scope, and out-of-scope, providing guidance on which entities require further checks. Additionally, it includes appendices that offer a checklist for in-life management and examples of potential bribery and corruption red flags. Overall, the standard aims to maintain BT's commitment to integrity and compliance in its business dealings.
