​Anti-Corruption Policy​​

KASIKORNBANK is committed to conducting business with transparency, integrity and compliance with regulatory requirements as well as good corporate governance practices. Since integrity is key to a sustainable reputation and business prosperity, the Bank has established this Anti-Corruption Policy as an operational guideline. The Bank and related parties at all levels act in compliance with the Anti-Corruption Policy.

Operational Guidelines and Scope

The Bank places considerable emphasis on anti-corruption as follows:

  1. Bribes and Inducements
    It is prohibited to offer or receive any form of bribe, inducement or facilitation payments that may lead to unethical conduct, or to direct anyone else to conduct such an act on one’s behalf.
  2. Gifts and Benefits
    It is prohibited to offer or receive any gift or other benefit in exchange for doing, or refraining from doing, one’s duties or doing unethical conduct aimed at gaining personal benefit, or for entering into inappropriate business settlements. Strict compliance with the Code of Conduct is required.
  3. Charitable Contributions and Financial Sponsorships
    Charitable contributions and financial sponsorships must be transparent and conform to laws and moral principles.
  4. Political Contributions and Activities
    The Bank’s funds shall not be used to make contributions to any political campaign or the activity of any politician or political party, except for contributions that are permitted by laws and in support of democracy overall. The Ban​k’s specific permission is required for such contributions.

Risk Management

The Bank has put in place risk management systems to avoid unethical conduct aimed at gaining personal benefit to ensure that this risk can be controlled and prevented. Unethical conduct shall be identified, assessed, controlled and monitored, and reported per the Bank’s risk management policies and practices.

Internal Controls

The Bank has put in place good corporate governance principles and an internal control culture where there are assessments of significant risks, effective control activities and appropriate segregation of duties. An adequate and reliable information system has been put in place, as well as regular monitoring of internal control.

Human Resource Management, Communications and Training

The Bank has focus on effective human resource recruitment and management, conflicts of interest prevention, and knowledge-based communications for staff and regular training on our Anti-Corruption Policy, as well as on related operational guidelines, to promote genuine understanding toward this policy and compliance with it.