Code of Conduct


The objective of this Code of Conduct is to state the requirements for business practice and personal conduct within Skau Reipurth.

Our values and the purpose of the Code of Conduct

Furthermore, Skau Reipurth considers corruption as incompatible with its vision of providing legal advice on the highest possible level and being a law firm every employee is proud to work for.

Skau Reipurth recognises that corruption and other unethical practices undermine the support and confidence of its business environment (customers, donors, suppliers, agents, consultants and all other business relations), which is key to its business.

In support of these principles, Skau Reipurth has developed this Code of Conduct for countering corruption, bribery and other unethical behavior. The Code of Conduct provides the framework for Skau Reipurth’s behavior and will be supported by more detailed policies and guidelines. Within Skau Reipurth everyone is obliged to comply with both applicable laws and regulations and this Code of Conduct and all relevant policies and guidelines in the daily work.

If local laws and regulations require higher standards than this Code of Conduct, such standards must be followed.


Combating corruption
Skau Reipurth will make active efforts to secure that bribery and corruption does not occur in its business activities.

Bribery is a form of corruption consisting in the offer or the exchange of any improper advantage made to influence someone in the conduct of their duties, e.g. any gift, loan, fee, reward, credit, discount, travel, accommodation or the other advantage between anybody working for or on behalf of Skau Reipurth and any person external to Skau Reipurth.

Danish companies and citizens can be prosecuted in Denmark for corruption committed in a foreign country.

The prohibition against bribery applies to both the private and the public sectors.

A kickback is a form of bribery between private entities, inter alia, made with the purpose of winning a tender for a contract. In this situation, the person who shall award a contract or an order does not necessarily award it to the best bid or proposal, but rather to the payer of the kickback. A kickback in this situation is illegal even if the company, which pays it, presents the best bid and would have won the contract even without the kickback.

Skau Reipurth will not promise, solicit, give or receive any kickbacks or advantages that can be seen to be in connection with the awarding of a contract, regardless of whether such advantage is exchanged before or after the contract has been awarded.

Facilitation payments are a form of bribery made with the purpose of expediting or facilitating the performance by a public official of a routine governmental action, and/or expediting or securing the provision of products or services to which Skau Reipurth has rightful claim.

Skau Reipurth is against facilitation payments and will actively oppose them if/when we meet them. The fact that corruption is a common practice in a given country does not make it more legal. In particular, even in cases of small illegal payments, references to local habits and patterns of trade are not a defense acceptable to the given country’s or Danish courts.

Political contributions are defined as financial or other kinds of support given to political parties and political campaign efforts, whereas charitable contributions are defined as contributions made to charitable causes or organisations.

Skau Reipurth does not support individual political parties or individual politician. Employees in Skau Reipurth may, however, exercise their private rights to participate in democratic political activities, provided that this is without any reference to or connection with their relationship to Skau Reipurth.

Charitable contributions and community support as well as donations, e.g. knowledge, services exchange, or direct financial contributions are acceptable, provided that such donations are not given with the purpose of obtaining or retaining business or any other undue advantage. Skau Reipurth’s employees must ensure, through due diligence and transparency, that charitable contributions and sponsorships, are not used as a substitute for, and do not constitute, bribery. Consequently, such donations should only be given to organisations, not individuals.

Gifts and Hospitalities such as confectionary, wine, tickets to sporting and cultural events provision of meals, receptions, social events, entertainment etc. must always comply with the laws of the country in which they are promised, solicited given or received. In this respect Skau Reipurth’s employees shall keep in mind that stricter rules normally apply to dealings with the public sector than with the private sector.

Consequently, Skau Reipurth’s employees will not offer or accept hospitality or gifts with the purpose of obtaining or retaining business or any other undue advantage or hospitality. Neither will Skau Reipurth’s employees offer or accept gifts or hospitalities which are unreasonable, excessive or exceeding normal market practice. Gifts in cash form or those equivalents to cash – such as gift certificates – are prohibited for Skau Reipurth’s employees to promise, solicit, give or receive. Gifts for or entertainment of parties engaged in tenders or competitive biding processes are forbidden altogether.

Maintaining records and accurate bookkeeping
While respecting confidentiality obligations, Skau Reipurth is committed to transparency and accuracy in all its dealings. Consequently, Skau Reipurth’s employees are responsible for maintaining records of Skau Reipurth’s business and must never make any false or misleading entries in Skau Reipurth’s books and records.

Furthermore, all transactions must be fully and completely recorded in Skau Reipurth’s accounting records in order for all accounting information to be correct and registered in accordance with applicable laws and regulations.

Confidential information and intellectual property
Skau Reipurth’s employees must never use confidential information in an improper way and must at all times comply with information classification requirements for confidential treatment of such information, however, such obligation shall not apply if disclosure is required by law or similar regulations.

Skau Reipurth’s employees must respect confidential information and intellectual property rights belonging to others and must never engage in industrial espionage.

The duty of confidentiality continues to apply after termination of the employment relationship with Skau Reipurth.

Fair competition and anti-trust laws
Skau Reipurth will compete in a fair and ethically justifiable manner and will not engage in any competitive behavior which can illegally affect pricing or market share, or lead to abuse of a dominant market position. Skau Reipurth must always act within the framework of the antitrust and competition regulations in the markets where Skau Reipurth operates.

Independence and conflicts of interest
Skau Reipurth’s employees must behave impartially in all business dealings and must strive to avoid situations where their loyalty may be compromised and their personal interest may conflict with the interest of Skau Reipurth or could in any other way have negative impact on their freedom of action or judgement.

Skau Reipurth’s employees must not work on or deal with any matter in which they themselves or any other physical or legal person with whom they have close relations has a direct or indirect financial interest. In this respect Skau Reipurth’s employees must also abstain from engaging in any activities having potential to be misinterpreted in this way if such activities are publicly disclosed.

Furthermore Skau Reipurth’s employees may in no way use or contribute to others using insider information about Skau Reipurth or other companies to trade in securities on Skau Reipurth’s behalf and/or privately.

Protection of personal data
Skau Reipurth is committed to process personal data carefully and in accordance with applicable laws and regulations.

Skau Reipurth’s employees must only use, collect and process personal data such as personal information about individuals if required for specific, lawful purposes and must never store such data longer than necessary.

Reporting and sanctions

Skau Reipurth’s employees are encouraged to report all instances of unethical or corrupt behavior in relation to Skau Reipurth’s conduct of business.

No employee of Skau Reipurth will be penalised or be subject to other adverse consequences for refusing to pay bribes, even if doing so may cause Skau Reipurth to lose business or suffer any other negative consequence. Additionally, no employee will be penalised for raising questions about or reporting on unethical behavior or corruption.

Failure to observe this Code of Conduct is a cause for disciplinary action and possible dismissal.