Capital Sky Ltd requires its subsidiaries to comply with the laws of the relevant countries in which they operate.
This includes compliance with the applicable competition laws in each country.
This policy extends to all business dealings and transactions of the company and its subsidiaries in all areas of operation.
All management, employees, temporary agency personnel, contract personnel, consultants, intermediaries, agents, and third parties acting on behalf of Capital Sky are required to follow this policy.
The Capital Sky Whistleblowing Policy is available to support this policy, should anyone become aware of- or believe in good faith – that a breach of competition law is about to be, or has been, committed.
This policy and associated implementation documentation do not form part of any employee’s contract of employment but will be publicised to all employees and reviewed on a regular basis to ensure it remains current and appropriate.
Should it be established that Capital Sky has been involved in the infringement of competition laws, potential adverse consequences for the company and individuals could include:
- Significant fines on the Group.
- Criminal prosecution of individuals, which may result in fines and/or imprisonment.
- Risk of legal actions for compensation.
- The company being prohibited from participation in tenders.
- Expensive and lengthy investigations.
- Director disqualification, dismissal of employees, and reputational damage through adverse PR.