Anti-Corruption and Money Laundering Prevention Policy
In SPORT IS YOUR GANG A.C. We adhere to the legal provisions that government agencies request to continue with our validity of Donor Authorization.
Therefore, we excert practices that prevent acts of corruption and money laundering.
We understand corruption as any activity through which the form and purpose of a thing, a procedure or a relationship is altered and disrupted, in exchange for the promise or obtaining reciprocal benefits between its protagonists. Ultimately, it is about altering the essence of a process through compromises that generate undue advantages.
Money laundering is the process through which the origin of the funds generated through the practice of some illegal activities is concealed (the most common being drug or narcotics trafficking, arms smuggling, corruption, fraud, human trafficking, prostitution, extortion, piracy, tax evasion and terrorism). The objective of the operation, which is generally carried out at various levels, is to make the funds or assets obtained through illicit activities appear as the result of legitimate activities and circulate smoothly in the financial system.
In SPORT IS YOUR GANG A.C. Any person who, directly or indirectly, acts on behalf of the association, is prohibited from making or receiving any type of improper payment; bribes, offer, or promise to deliver money or any other object of value to any person, in an inappropriate way, influence any act or decision of a person to receive an undue benefit in favor of the organization.
PREVENTION OF MONEY LAUNDERING
Knowing that the receipt of donations implies complying with the regulations that govern the Federal Law for the Prevention and Identification of Operations with Resources of Illicit Origin, we adhere to compliance with the regulations, as well to carry out the corresponding notices to the authority.
Any associate, collaborator, volunteer or third party who violates this policy in relation to the allies of the organization, will be subject to disciplinary measures, including termination of employment or termination of the commercial relationship in the case of third parties and the corresponding complaint to the authorities.