Hong Kong Business Ethics Development Centre Independent Commission Against Corruption "Starting-Up Right!" Tips for achieving Business Excellence
A start-up owner who has submitted application for a funding programme: 'It is really difficult to stand out amongst thousands of start-ups...  Perhaps I could send some gifts to the panel members to show my "sincerity"?'
Start-up Mentor: 'DON'T! You are definitely offering a bribe if you do so.  Check out the four "A"s that constitute a corruption offence.'
Four "A"s of Corruption
Offering to an for inducing or rewarding the agent's without his/her 's is an offence


Important Note!

Both accepting and offering of bribe are offences Both accepting and offering of bribe are offences
Approval should be given by the Principal of the acceptor, not the offeror Approval should be given by the Principal of the acceptor, not the offeror
Maximum penalty: 7 years' imprisonment and a fine of $500,000 Maximum penalty: 7 years' imprisonment and a fine of $500,000


Useful Resources

Hong Kong Business Ethics Development Centre offers free practical guides and training packagespractical guides and training packages which help you address ethical issues in business operation.

Enquiry Hotline: (852) 2826 3288

"Starting-Up Right!"
Tips for achieving Business Excellence - Online Article Series

#1: Fund Seeking

#2: License Application

#3: Procurement

#4: Proprietary Information

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Hong Kong Business Ethics Development Centre, ICAC
Email: hkbedc@crd.icac.org.hk | Website: hkbedc.icac.hk

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Last update date: 26 Jun 2018