Showing posts with label Foreign Corrupt Practices Act (FCPA). Show all posts
Showing posts with label Foreign Corrupt Practices Act (FCPA). Show all posts

Thursday, February 16, 2023

Stay Away From Bribes in International or Any Business

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In 2021, Deutsche Bank agreed to pay $130 million largely to settle allegations that it violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Let me repeat the key part of what they did wrong:  They violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Read on to learn more – about what a bribe is, about the Foreign Corrupt Practices Act (FCPA), how to stay clear of trouble and what you should do if you are part of a bribe.