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/Canada has formally repealed its exception for “facilitation payments” under its foreign anti-corruption legislation (the Corruption of Foreign Public Officials Act).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.
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- Canada Bans Facilitation Payments Under Foreign Anti-Corruption Law, Global Compliance News