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B11 – Convictions and fines for corruption and bribery

🗂️ VSME Basic Module – Governance metrics, page 11

  1. In case of convictions and fines in the reporting period, the undertaking shall disclose the number of convictions, and the total amount of fines incurred for the violation of anti-corruption and antibribery laws.

🗂️ VSME Basic Module Guidance – Business Conduct Metrics, page 41-42

  1. Corruption and bribery fall under the business conduct sustainability issue.

  2. Under paragraph 43, the undertaking shall report on the total number of convictions and the total amount of fines incurred for violating anti-corruption and anti-bribery laws.

Guidance on convictions

  1. Convictions for the violation of anti-corruption and anti-bribery laws refer to any verdict of a criminal court against an individual or undertaking in respect of a criminal offence related to corruption and bribery, for example where these court decisions are entered in the criminal record of the convicting European Union Member State.

Guidance on fines

  1. Fines issued for the violation of anti-corruption and anti-bribery laws refer to mandatory monetary penalties resulting from violations of anti-corruption and anti-bribery laws imposed by a court, commission or other government authority, which are paid to a public treasury.