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IBA RESOLUTION on Deterring Bribery in International Business Transactions (Adopted 1996)

Submitted by Tiffany Roberts on Wed,05/09/2012
Long title
IBA RESOLUTION on Deterring Bribery in International Business Transactions (Adopted 1996)
Author(s) or Editor(s)
International Bar Association
Author(s)' contact information

Publication
IBA Website
Year
1996
Abstract
Recommends that adoption by national governments of legislative, executive, and other measures that:
1 deter corrupt practices in the conduct of international business;
2 establish as offences under domestic law, in accordance with internationally recognised jurisdictional principles, acts or omissions undertaken to make or to conceal corrupt payments in the conduct of international business;
3 facilitate international co-operation for the purpose of deterring corrupt practices in the conduct of international business;
4 deny the tax deductibility of bribes to foreign officials in the conduct of international business, and
5 would require multilateral lending institutions to adopt, implement, and enforce effective measurers designed to deter corrupt practices in the conduct of international business.
Status
Published
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