Bank of Maldives

Anti-Bribery and Corruption statement

BML is committed to ethical business and has a zero-tolerance approach to bribery and corruption and prohibits these activities in any form, both directly and indirectly. By committing to a zero tolerance approach to bribery and corruption BML commits that every behavior in breach of the principles embodied in the relevant Policies and described in the requisite laws and regulations will be treated seriously.

Breaches or allegations of breaches will be assessed and where appropriate investigated and disciplinary action will be taken to the full extent contained in the applicable laws/regulations and internal disciplinary codes and policies.

Anti-Bribery and Corruption policy clearly describes Bank’s approach to Anti-Bribery and Corruption and aims to;

Articulate Bank’s commitment to prohibiting bribery and corruption and to be in compliance with Prevention and Prohibition of Corruption Act (Act. No. 2/2000);
Define principles for identifying and preventing potential bribery and corruption in order to protect the integrity, reputation and financial soundness of the Bank;
Clearly set out and communicate personal and collective responsibilities on Anti-Bribery and Corruption principles and
Provide a framework for Bank’s Anti-Bribery and Corruption Program

How to raise a concern

Stakeholders who wish to raise a concern regarding any suspicious or wrong doings related to Anti-Bribery and Corruption should raise their concerns via email [email protected] or Whistleblowers can submit in writing in a sealed envelope addressed to the Chairperson of the Board Audit Committee, Head Office, Bank of Maldives.

In raising a whistleblowing report, you consent that your data provided will be processed and handled for the purpose of investigating the report. Any personal information that is provided by you will be collected and processed in full confidentiality and in accordance with BML’s Whistleblower Policy and relevant Laws and regulations.