The Anti-Corruption Ethics and Compliance Handbook for Business is ready, and its authors at the Organisation for Economic Co-operation and Development (OECD), The United Nations Office on Drugs and Crime (UNODC) and the World Bank hope it provides helpful guidance in the global effort to eradicate corrupt practices.
Designed to help private businesses and G20 governments implement the 2010 G20 Anti-Corruption Action plan, the handbook does not create any new standards or legal requirements. Instead, the handbook recognizes that private businesses are at the forefront of combating corruption, and it helps them assess their risks, work with their government partners to build better compliance programs, and adopt prevention procedures and training so corruption will not be a part of their dealmaking.
The handbook does not accomplish these goals merely by describing what has worked and what has not, or by explaining what the international anti-corruption legal framework dictates. It does those things, but it also provides real-life, anonymized case studies provided by companies and a thorough reference chart that compares all of the major business guidance instruments when it comes to their anti-bribery provisions.
Finally, the handbook offers a detailed compliance assessment checklist, so companies can monitor their progress in developing programs that would meet the standards outlined in the Action Plan.
The handbook may be accessed here.
Julie DiMauro is the executive editor of FCPA Blog. She can be reached here.