An anti-corruption and anti-bribery policy is a set of measures and practices that an organization implements to prevent, detect, and remedy corruption and bribery. These policies may include laws and protocols that sanction bribery and corruption in different countries, as well as ways to protect an organization against bribery and corruption, such as adopting an anti-corruption approach, raising awareness among senior management, mapping risks, adopting a comprehensive approach, establishing a mandatory code of conduct, implementing internal controls, setting up internal reporting channels and mechanisms to protect whistleblowers, and training staff and senior management.

It is important to note that breaches of these policies and of anti-bribery and anti-corruption legislation and regulations may lead to severe civil and/or criminal penalties, both for the company and for the individuals involved.

Through different internal standards of conduct, ICICOR establishes that every employee must be guided by ethical, honest, upright, and transparent behavior. Therefore, actions and decisions are taken in response to any act of corruption by employees and/or third parties acting on behalf of the company.