ISIS Asset Management is supporting a new guide aiming at abolishing the practice of offering small ...
ISIS Asset Management is supporting a new guide aiming at abolishing the practice of offering small bribes, recognised as "grease" payments, to overseas government officials. This comes as TRACE - an organisation dedicated to supporting business in its struggle to eliminate corrupt practices - today launches the guide: 'The High Cost of Small Bribes'. "Grease" payments are illegal under new UK legislation, but permitted under US law, as well as in most developing countries. However, outlining the steps that multinational companies can take, the guide aims to put a stop...
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