The FINANCIAL — To offer guidance on corruption in its many guises and assess new ways to combat it, ICC has today introduced a revised edition of Fighting Corruption, International Corporate Integrity Handbook.
Addressing new techniques and practices to tackle corruption, the third edition of Fighting Corruption has been thoroughly updated, including a new chapter on the United Nations Convention Against Corruption. The latest edition was written by two world-renowned experts on anti-corruption: François Vincke, Chair of the ICC Commission on Anti-Corruption, one of the founders of Transparency International and a former lay judge in the Commercial Court of Brussels, and Fritz Heimann, Vice Chair of the ICC Commission on Anti-Corruption.
"Divided into three parts, the 2008 edition of Fighting Corruption details the international legal framework necessary for self-regulation; management initiatives, including whistleblowing and compliance by small to medium-sized enterprises; and a range of the thorniest issues, from money laundering and extortion to compliance with customs regulations." ICC reports.
In these pages, readers will also find expert recommendations on how to deal with other domains where corruption often distorts trade and governance: corporate gifts, political contributions, and “facilitation payments,” that have long plagued international commerce. The last chapter provides a five-year outlook of the priorities to tackle corruption.
The publication of Fighting Corruption comes at a time of unprecedented scrutiny of the global financial system in the fallout from the sub-prime credit crisis, and calls for greater transparency, accountability, and international cooperation.
Fighting Corruption is a must-have reference in for corporate managers, controllers and consultants worldwide. It arms business executives with clear guidance and practical advice on how to protect companies and shareholders.
The handbook also contains important documents, including the Organization for Economic Cooperation and Development Convention and the ICC Rules of Conduct on Extortion and Bribery, as well as a survey of national laws.