Gifts, invitations to hospitality functions and provision of various services to or by business partners can further long-term business relations, but they should not lower our responsibility and professional requirements for cooperation with potential partners.
When deciding on whether to accept one gift or another from a business partner or, alternatively, whether to give a gift, we abide by the following rules:
- We do not accept or give any gifts including money, securities, precious metals, gems, loans, certificates, gift cards and discounts and services provided on terms and conditions that are not standard. Equally, we do not attend events that can lead to the emergence of binding obligations.
- The above rules also apply to our kith and kin including spouses, adult and underage natural and adopted children, full and half-blood brothers and sisters, parents and adoptive parents.