Fraud and Corruption Control Policy


Agora Association is committed to creating and maintaining a culture of corporate
compliance and ethical behaviour in which employees and board members are responsible
and accountable, behave with honesty and integrity and are able to raise concerns regarding
unethical, unlawful or undesirable conduct, without fear of reprisal.
Agora Association does not tolerate dishonest or fraudulent behaviour and is committed to
preventing, detecting and responding to such behaviour in the performance of its operations.
Fraud and corrupt conduct identification and reporting is the responsibility of board members
of the Agora Association including those acting for or providing services to the Agora
Association.

  • Fraud is a dishonest and intentional activity committed to secure an unfair or unlawful gain,
    regardless of whether or not deception is used.
  • Corruption is a dishonest and intentional activity in which an individual acts against the
    interests of the Agora Association and abuses their position of trust in order to achieve
    personal gain for themselves, another person or entity.
  • Fraud and corruption includes the misappropriation of assets, the manipulation of reporting
    and the abuse of position for personal gain.
    Fraud and/or corruption, including bribery, in all forms are behaviours that are contrary to
    Agora Association’s values and culture. Agora Association is actively committed to
    preventing fraud and corrupt conduct throughout the organisation. Agora Association has
    developed this fraud and corruption prevention policy as part of its overall risk management
    framework. This requires not only responsibility for personal behaviour but also support for
    others to embrace ethical practices and take appropriate actions to prevent and minimise
    fraud and corruption risks and to report any incidents to the Agora Association should it arise
    and be identified.
    Individuals who become aware of potential fraudulent and/or corrupt behaviours should
    report these inappropriate behaviours as soon as possible to their manager and/or through
    existing internal issue resolution and reporting channels. Where a manager receives a report
    they must inform the board members of the Agora Association. If an employee does not feel
    able to use the existing reporting channels due to the nature and/or seriousness of the
    inappropriate behaviour, then they may raise the matter directly with the internal audit board
    members.
    Managers are responsible for:
    ensuring that employees in their team are aware of and comply with:
  • This policy and related policies and procedures; and
  • The Agora Association internal controls and limits of authority.
    Employees are responsible for:
  • Complying with this policy, related policies and the Agora Association internal controls
    including limits of authority;
  • Raising concerns regarding improper conduct or inappropriate behaviour with their manager
    or through other reporting channels made available by the Agora Association; and
  • Cooperating with any investigations related to suspected breaches of this policy.
    The Agora Association will determine the most appropriate approach for the investigation
    process. Employees and managers must not initiate their own investigation.
    All reports of suspected fraudulent activity will be dealt with having regard to applicable
    laws. Investigations into suspected fraudulent activity will be undertaken on the assumption
    of the innocence of the person implicated. All reports of improper conduct will be thoroughly
    investigated with the objective of locating evidence that either substantiates or refutes the
    claims made.
    This policy applies to:
  • All activities of the Agora Association
  • Any external party involved in providing goods or services, to the Agora Association, such
    as contractors, consultants, outsourced service providers and suppliers.