Rathbones is committed to conducting its business with integrity, transparency and professionalism.
We have a zero-tolerance approach to bribery, corruption, tax evasion and the criminal facilitation of tax evasion in any form.
We comply with all applicable laws and regulations designed to prevent financial crime, including bribery and corruption legislation and the corporate criminal offence contained within the Criminal Finances Act 2017.
We expect the same high standards from our employees, contractors, suppliers, intermediaries and other business partners.
Our approach
Rathbones maintains a risk-based framework designed to prevent, detect and respond to financial crime risks across our business activities, relationships and operations.
This includes:
- Ongoing assessment of financial crime risks.
- Policies, procedures and controls designed to prevent bribery, corruption and the facilitation of tax evasion.
- Appropriate due diligence on clients, suppliers and other third parties.
- Training and awareness programmes for employees and relevant associated persons.
- Clear reporting and escalation channels for raising concerns or suspicions.
- Ongoing monitoring, review and enhancement of our controls and procedures.
Expectations of third parties
Rathbones seeks to work only with clients, suppliers, intermediaries and business partners who share our commitment to lawful and ethical business practices. We expect all parties acting for or on behalf of Rathbones to comply with applicable laws relating to bribery, corruption and tax compliance, and to maintain appropriate measures to prevent financial crime. Where appropriate, we undertake risk-based due diligence and may seek assurances regarding the adequacy of a third party's financial crime control framework.
Reporting concerns
Any employee, contractor, supplier or other stakeholder who becomes aware of conduct that may involve bribery, corruption, tax evasion or the facilitation of tax evasion is encouraged to raise the matter through the appropriate reporting channels. Rathbones will investigate concerns appropriately and take action where necessary.
Our commitment
Rathbones is committed to maintaining the trust of its clients, shareholders, employees and other stakeholders. We will not tolerate conduct that facilitates bribery, corruption, tax evasion or any other form of financial crime, and we remain committed to continually strengthening our controls to uphold the highest standards of ethical business conduct.