Our approach to business
Compliance with the law, transparency and fair competition
We are committed to carrying out business in a fair, open and honest manner and in full compliance with our legal obligations in every jurisdiction in which we conduct business.
We support free and fair competition and strive to deal with all parties fairly and equitably. We will not make untrue or misleading statements about competitors.
Zero tolerance for unlawful, fraudulent or corrupt business practices including bribery
We will not conduct business which is unlawful, or with third parties who operate in an unlawful manner.
All staff (including directors) must adhere to the highest levels of honesty, integrity and ethics at all times when conducting business on behalf of MPS. We will not tolerate any kind of unlawful business practice, including bribery and modern slavery.
We will pursue all appropriate legal remedies against third parties or staff parties involved in unlawful business practices. Staff who commit such acts will, subject to our compliance with employment laws, be dismissed.
Code of ethical conduct
MPS seeks to be an ethical company and to act consistently and fairly. MPS’s Council has set out a Code of Ethical Conduct and communicated it to all staff.
Diligence and avoidance of conflicts of interests
MPS staff are expected to put the interests of MPS ahead of their own personal interests. All business conducted on behalf of MPS should be performed in a diligent and loyal manner. We encourage our staff to avoid conflicts and outside interests in potential conflict with those of MPS and, where any such conflicts arise, we have processes in place by which these should be declared and reviewed.
Modern slavery statement
We will not tolerate any kind of unlawful business practice, including bribery and modern slavery. A copy of our modern slavery statement for the year ending 31 December 2016 is available here.