{"id":12638,"date":"2025-10-03T08:57:17","date_gmt":"2025-10-03T08:57:17","guid":{"rendered":"https:\/\/isfell.is\/anti-bribery-and-corruption-policy\/"},"modified":"2025-10-16T14:52:24","modified_gmt":"2025-10-16T14:52:24","slug":"anti-bribery-and-corruption-policy","status":"publish","type":"page","link":"https:\/\/isfell.is\/en\/organisation\/policies\/anti-bribery-and-corruption-policy\/","title":{"rendered":"Anti-Bribery and Corruption Policy"},"content":{"rendered":"\n<p><strong>1. Purpose<\/strong><br\/><br\/>The purpose of this policy is to establish clear guidelines and controls to ensure \u00cdsfell ehf (\u201c\u00cdsfell\u201d) and its associated personnel comply with all applicable anti-bribery and anti-corruption laws, regulations, and standards. This policy reinforces the company\u2019s commitment to conducting business ethically, with integrity, transparency, and social responsibility. <\/p>\n\n<p><strong>2. Scope<\/strong><br\/><br\/>This policy applies to all \u00cdsfell employees, directors, officers, contractors, consultants, agents, and any third parties acting on behalf of the company, in all locations where \u00cdsfell operates.<\/p>\n\n<p><strong>3. Policy statement<\/strong><br\/><br\/>\u00cdsfell is committed to conducting its business with honesty, integrity, and fairness. All personnel associated with \u00cdsfell are expected to act professionally and ethically in all business dealings. <\/p>\n\n<p><strong>4. Compliance with Laws and Regulations<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>All personnel must comply with all applicable anti-bribery and anti-corruption laws in the jurisdictions in which the company operates.<\/li>\n\n\n\n<li>Employees and associated personnel must maintain an understanding of laws relevant to their role.<\/li>\n\n\n\n<li>If there is uncertainty regarding the legality of any action, prior consultation with the company\u2019s legal counsel is required before proceeding.<\/li>\n\n\n\n<li>Personnel have an obligation to prevent violations and report any suspected breaches to senior management immediately<\/li>\n<\/ul>\n\n<p><strong>5. Definition of Bribery<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Bribery refers to offering, giving, promising, soliciting, accepting, or receiving anything of value to influence the actions, decisions, or conduct of an individual in a position of trust.<\/li>\n\n\n\n<li>A bribe can include money, gifts, favors, services, or any other benefit intended to improperly influence a business outcome.<\/li>\n\n\n\n<li>\u00b7 Engaging in bribery, whether directly or indirectly through third parties, is strictly prohibited.<\/li>\n<\/ul>\n\n<p><strong>6. Gifts, Hospitality, and Entertainment<\/strong><\/p>\n\n<p>\u00cdsfell permits reasonable and proportionate gifts or hospitality, provided they:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Are not intended to influence the recipient to obtain or retain business or a business advantage.<\/li>\n\n\n\n<li>Comply with local laws.<\/li>\n\n\n\n<li>Are given in the company\u2019s name, not in an individual\u2019s personal capacity.<\/li>\n\n\n\n<li>Are given or received openly and transparently.<\/li>\n\n\n\n<li>Any gifts or hospitality offered to or received from government officials, politicians, or political parties require prior approval from the CEO.<\/li>\n<\/ul>\n\n<p><strong>7. Political and Charitable Contributions<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Contributions to political parties, politicians, or candidates are prohibited unless explicitly approved by the CEO and are compliant with local laws.<\/li>\n\n\n\n<li>Charitable donations must be transparent, properly recorded, and cannot be used as a mechanism to conceal bribery.<\/li>\n<\/ul>\n\n<p><strong>8. Responsibilities<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>All personnel are responsible for understanding and complying with this policy.<\/li>\n\n\n\n<li>Any suspected violations or concerns must be reported to the CEO or a member of the Board of Directors.<\/li>\n\n\n\n<li>Managers and supervisors are responsible for promoting compliance within their teams and ensuring employees receive appropriate training.<\/li>\n<\/ul>\n\n<p><strong>9. Reporting and Whistleblowing<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>\u00cdsfell encourages reporting of concerns in good faith without fear of retaliation.<\/li>\n\n\n\n<li>All reports shall be sent to \u00cdsfells\u00b4s CEO and be investigated promptly and appropriately.<\/li>\n<\/ul>\n\n<p><strong>10. Disciplinary Actions<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Brot \u00e1 stefnu \u00feessari getur leitt uppsagnar e\u00f0a a\u00f0 r\u00e1\u00f0ningarsamningi er sagt upp.<\/li>\n\n\n\n<li>Violations may also constitute criminal offenses; in such cases, \u00cdsfell will report the matter to law enforcement or regulatory authorities.<\/li>\n<\/ul>\n\n<p><strong>11. Record-Keeping<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Accurate records of transactions, gifts, and hospitality must be maintained in accordance with company procedures<\/li>\n\n\n\n<li>All accounts, invoices, and financial records must reflect the true nature of transactions.<\/li>\n<\/ul>\n\n<p><strong>12. Training and Communication<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>\u00cdsfell will provide regular training on anti-bribery and anti-corruption practices to all employees and relevant third parties.<\/li>\n\n\n\n<li>The company will communicate this policy and updates to all personnel to ensure understanding and compliance.<\/li>\n<\/ul>\n\n<p><strong>13. Monitoring and Review<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>The CEO and Board of Directors are responsible for monitoring compliance with this policy.<\/li>\n\n\n\n<li>This policy will be reviewed every three years and updated as necessary to reflect changes in laws and regulations.<\/li>\n<\/ul>\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Purpose The purpose of this policy is to establish clear guidelines and controls to ensure \u00cdsfell ehf (\u201c\u00cdsfell\u201d) and its associated personnel comply with all applicable anti-bribery and anti-corruption laws, regulations, and standards. This policy reinforces the company\u2019s commitment to conducting business ethically, with integrity, transparency, and social responsibility. 2. Scope This policy applies&#8230;<\/p>\n","protected":false},"author":4,"featured_media":12636,"parent":8529,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"svid":[],"class_list":["post-12638","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":{"page_intro":""},"_links":{"self":[{"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/pages\/12638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/comments?post=12638"}],"version-history":[{"count":11,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/pages\/12638\/revisions"}],"predecessor-version":[{"id":12711,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/pages\/12638\/revisions\/12711"}],"up":[{"embeddable":true,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/pages\/8529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/media\/12636"}],"wp:attachment":[{"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/media?parent=12638"}],"wp:term":[{"taxonomy":"svid","embeddable":true,"href":"https:\/\/isfell.is\/en\/wp-json\/wp\/v2\/svid?post=12638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}