Bribe Payers Index: An Important FCPA Compliance Tool
November 21, 2011, 12:08 PM EST
Law360, New York (November 21, 2011, 12:08 PM EST) -- On Nov. 1, 2011, Transparency International (“TI”) released its 2011 Bribe Payers Index (“BPI”), which ranks the countries whose companies are most likely to engage in bribery when doing business abroad. The BPI can serve as an important tool for companies in their efforts to avoid violations of the United States Foreign Corrupt Practices Act.
TI is a global organization dedicated to fighting against corruption. To that end, TI publishes various surveys and indices regarding the levels of transparency and corruption in countries around the world....