Definitions
‘Yuno workers’ – This includes, but is not limited to; employees, directors, contractors, advisors, board
members, investors, shareholders, and any individuals or entities acting for, or on, our behalf.
Introduction
Yuno is committed to upholding the highest ethical standards and complying with all relevant laws and
regulations in the United Kingdom. This policy outlines our unwavering stance against bribery, corruption
and money laundering activities. We expect all Yuno workers, agents and business parties to adhere to
these principles.
Bribery and Corruption
Prohibition
Yuno strictly prohibits all forms of bribery, corruption and facilitation payments. This applies to all Yuno
workers, agents, and business parties.
Compliance with Laws
Yuno complies with all anti-bribery and anti-corruption laws and regulations in the United Kingdom
including the Bribery Act 2020. We realise that under s.7 of the Bribery Act 2010, it is possible for a
commercial organisation to commit an offence where the organisation fails to prevent persons
associated with them committing bribery on their behalf.
Gifts, Entertainment and Hospitality
Any gifts, entertainment or hospitality offered or received by Yuno or specific Yuno workers may only be
offered or received where there is no intentional or perceived link to past, current or future business
decisions, undertakings, partnerships, or business relationships. Yuno will comply with all applicable UK
laws.
Due Diligence
We will conduct due diligence on Yuno workers, agents and business parties to ensure that they have a
commitment to anti-bribery and anti-corruption values.
Reporting
Yuno workers must report, without delay, any suspicious behaviour or knowledge of bribery or
corruption to Management, or where any member of the Management is suspected to be involved, to
the Board. Yuno workers should also report the matter to local law enforcement should the
Management or the Board not deal with it expediently or should appropriate steps not be taken. Yuno
workers reporting any such matters are encouraged to maintain confidentiality and anonymity where
possible.
Anti-Money Laundering (AML)
Prohibition
Yuno strictly prohibits any involvement in money laundering activities or transactions related to the
proceeds of illegal activities.
Compliance with AML Laws
Yuno complies with all applicable AML laws and regulations in the United Kingdom, including the Money
Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and
the Money Laundering and Terrorist Financing (Amendment) Regulations 2019. Yuno commits to take
active preventative steps such as customer due diligence before commencing business relationships.
Reporting
Yuno workers must report, without delay, any suspicion of money laundering or suspicious transactions
to Management; or where Management is suspected to be involved, to the Board. Yuno workers should
also report the matter to local law enforcement should the Board not deal with it expediently or should
appropriate steps not be taken. Yuno workers reporting any such matters are encouraged to maintain
confidentiality and anonymity where possible.
Training and Awareness
Employee Training
Yuno will provide regular training and awareness programs to Yuno workers and relevant stakeholders,
ensuring they understand the risks associated with bribery, corruption and money laundering and know
how to report concerns appropriately.
Communication
Yuno will communicate this Compliance with Bribery, Corruption and Anti-Money Laundering Policy to all
Yuno workers, agents, and business parties making it readily available on our website and in relevant
company documentation.
Review and Improvement
This policy will be reviewed periodically to ensure its effectiveness and alignment with legal
requirements in the United Kingdom. We will update and enhance our procedures as necessary to
mitigate risks associated with bribery, corruption and money laundering.
By adopting this Compliance with Bribery, Corruption and Anti-Money Laundering Policy, Yuno reaffirms
its commitment to ethical business practices and compliance to all relevant UK laws and regulations.