Public Statement & Policy on Impartiality

Impartiality lies at the heart of Monochrome Verifications commitment to Broad Based Black Economic Empowerment and concomitant verifications.

​

Monochrome Verifications base its impartiality policy on the underlying values of objectivity, independence, freedom from conflict of interest, freedom from bias, lack of prejudice, neutrality, fairness, open mindedness, even handedness detachment and balance.

​

To ensure that impartiality is both maintained and can be demonstrated the following principles have been established:

• Monochrome Verifications Certificates are only issued after review by an independent authorized and competent verification manager to ensure that no interest predominate.

​

• Monochrome Verifications does not have any relationships with companies who offer consultancy related to BEE or other services that can be construed as having an impact on the BEE verification provided by Monochrome Verifications.  Any proposed relationship between Monochrome Verifications and any other company will undergo a risk assessment by an independent risk assessor prior to the formalisation of the relationship.

​

• Individuals employed by Monochrome Verifications are required to document their current relationship and past relationships with all companies specifically if they have provided consultancy in the past four years.  Any situation past or present which may present a potential conflict of interest is required to be declared by employees on the declaration form to be completed.  Should there be a conflict of interest and it can be resolved without compromising objectivity Monochrome Verifications shall not provide the verification.

​

• All employees will be monitored annually to ensure, amongst other criteria that they remain impartial.

​

• Monochrome Verifications shall in no way provide a verification that is simpler, faster, or less expensive to the entity because of the entity making use of a specific consultancy agency.

​

• Monochrome Verifications shall provide accurate and not misleading information to the public.