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"Bribery and corruption is a growing concern for businesses in all sectors and jurisdictions, although some involve greater inherent risks than others. Corruption is a problem not only from an ethical and competition-distorting perspective, but also because of the risk it creates to the reputation of affected businesses and the potential financial implications of a conviction.
Despite the increasingly open and international marketplace, there is no international anti-corruption law or standard. The relevant laws in different jurisdictions are complex and diverse - the acts triggering offences in each state are sometimes very different; the focus is not the same; corporates are not always exposed to liability; and the penalties vary dramatically from state to state."
Anti-bribery and Corruption Laws: an International Guide. CMS. August 2011.
This LibGuide is based extensively on the Anti-Bribery Law in International Business LibGuide by Andrew Winston, University of Richmond Law School Library, and the Corruption in International Transactions Resources LibGuide by Kristin McCarthy and Barry Stearns, New England Law Boston.
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