Canada Bans Facilitation Payments Under Foreign Anti-Corruption Law

Canada has formally repealed its exception for “facilitation payments” under its foreign anti-corruption legislation (the Corruption of Foreign Public Officials Act).

Canada’s anti-bribery law prohibits anyone from giving or offering a loan, reward, advantage or benefit of any kind — directly or through intermediaries — to a foreign public official as consideration for an act or omission by the latter to obtain or retain a business advantage.

Lees verder:

• Canada Bans Facilitation Payments Under Foreign Anti-Corruption Law, Global Compliance News