Individual Investor Contact Us Careers United Kingdom Our Company Products Fund Views Insights Resources Search Home Anti Corruption Share ANTI CORRUPTION PURPOSE & OBJECTIVE This overview of Franklin Resources, Inc. Anti-Corruption Policy outlines the principles that FRI and its subsidiaries (collectively “FTI” or ”we”) follow to achieve zero-tolerance against bribery and corruption. The objective of our anti-corruption policy is to ensure that appropriate anti-corruption and bribery procedures are in place across the globe to avoid any violations of relevant laws and regulations, including, among others, the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act 2010. SCOPE This policy applies to all officers, directors, shareholders, employees and appointed third party representatives of FTI (including but not limited to agents, intermediaries, consultants and introducers) in all locations. Violation of this policy will be severely sanctioned, including where appropriate disciplinary procedures, up to and including termination of employment and possible referral to the appropriate criminal or regulatory authorities. POLICY REQUIREMENTS FTI have embedded within its business the following principles and controls to achieve zero tolerance against bribery and corruption: POLICY REQUIREMENTS No acceptance or offering of bribes and facilitating payments Strictly prohibited from giving or receiving bribes (i.e. personal benefit for any improper advantage) as well as facilitating payments (regardless of whether these are common practices in a particular country) which involve anything of value to government officials in order to expedite or facilitate routine, non-discretionary government actions. Charitable and political donations Prohibited from payment of donations that are linked to obtaining any improper advantage Hiring Practices Prohibited from using job placements, future employment, or internships for the purpose of improperly influencing a business decision Gifts and Entertainment Prohibited from providing gift or entertainment to clients, prospects, government officials or their family members when such expenses are not incurred while conducting company business and/or do not satisfy this policy and our related policies. Travel, Lodging and Related Expenses Prohibited from providing travel, lodging and related expenses to improperly influence a business decision or official action. Payment & Recordkeeping All relevant expenditures must be properly documented, approved and maintained for a minimum of 6 years. Government officials Required to adhere to our additional recordkeeping requirements regarding all expenditures related to government officials. Due Diligence on Third-Party Representatives Required to conduct an appropriate due diligence review on background, reputation, and business capability before engaging or contracting with any third-party representatives and to include additional controls with higher risk relationships. Periodic training Required to carry out appropriate training to employees regarding the Anti-Corruption Policy and their role to ensure compliance. MONITORING AND REPORTING We shall monitor compliance with our Anti-Corruption Policy. Further, all persons covered by this policy must promptly report any violation or suspected violation of this policy to Compliance or the Whistleblower Hotline. Investments entail risks, the value of investments can go down as well as up and investors should be aware they might not get back the full value invested. United Kingdom Individual Investor This website is intended for residents of United Kingdom. OUR COMPANY Our Firm UK Profile Media Centre Contact Us PRODUCTS Franklin Templeton Mutual Fund Prices ETF Prices Investment Trust (TEMIT) Franklin Templeton Fund Charges and Costs Our Products FUND VIEWS INSIGHTS RESOURCES Literature Investor Education Investment Advice Your Account Careers Terms of Use Anti Corruption Privacy & Cookies Notice/Settings Security Policy Important Legal Information Support Modern Slavery Statement Copyright © 2021 Franklin Templeton. All Rights Reserved. TOP Franklin Templeton uses cookies to analyse website usage, personalise your website experience and assist in our marketing efforts. You can review more details and change your cookie settings, or for more information view our Privacy & Cookies Notice. REJECT ALL ALLOW ALL