BRibery is not a crime without a victim. Stories on entry of the amount paid or fines can make them sound more as unpleasant financial transactions, but they have harmful – sometimes dead – outcomes.
The bribe was paid to the construction of the inspector to neglect the security offenses later alleged in catastrophic collapse and officials to ignore workers workers who result in disabling and deadly outcomes. They even helped redirect weapons into their hands of rogue and dangerous actors.
When the US president, Donald Trump signed the Executive Order to suspend his judicial Law on the Law on the Law on the Law on the Burgeons of Those who were causing the resource and other devastation caused by corruption .
U.S. Deratical Corations of Law, adopted in 1977. With strong double support, it was significant knowledge, and the subsequent recognition of the potential advantages of the global bribe-free market that was encouraged by dozens of other countries for adoption of similar laws. Since then, although the implementation is uneven, used are widely recognized, so much that mandates against the bribes were written in several multilateral agreements.
The explanation from the executive order was, in essence, that “level playing” for American multinational companies that must compete in the overseas market with companies from less regulated countries. However, the solution for this challenge is not a race to the bottom, but push to the top.
American companies – as well as American workers and citizens of affected countries – does not go “to win” the designation competition. US companies can better compete when reproducing on well-known terrains involving market transparent governments, rule of law, independent and fair judicial systems and decision-making mechanisms. Rigged systems are more likely to be set from the interests of the United States and other countries in the rule of law.
Installation, for a moment, imminent hazard of bribery in the local population, the executive order will create greater uncertainty, confusion and potential responsibility for the American company. These companies have invested, collective, billions of dollars in the development of compliance programs in several years. They built expertise and developed sophisticated systems for identification and risk assessment. The alignment teams established have knowledge that develop only with time and experience. Dismantling of all this when the future administration can return to more active implementation is expensive risk.
Subtituses may delay or prevent American companies from the opening of new overseas markets. In private discussions, we have heard several examples of companies that allocate investment investments just to wait for licenses or licenses to clear. Delays, due to multiple and recurrent requests to receive bribes, leave those dollars sitting on unproductive accounts while losing values.
In some cases, the investment in infrastructure are made in a country, but the complications of bribes and corruption were eventually persecuted by those companies, forcing them to absorb significant losses. Obviously, it cannot be counted on honor among thieves.
As a result of these difficulties, companies increasingly recognize the value of transparent and responsibility. For example, the Association and Government in the Asian Pacific region financed the study for several years Back to find that Gvaadalajara transferred its licensing and online licensing processes, requirements for a bribe of 70%. The reform applauded the business community, with calls that will replicate effort. Multinational working groups involving companies and national governments work to reduce bribes and expeled complications related to corrupt business culture.
The executive order for the suspension of the use of the US Law for Fight against Mita will make a bit to open new markets and opportunities for American business. They will most likely create new complications of risk analysis, improve the competitiveness of foreign actors and increase the threat of damage to the local population in countries around the world.
We invite the US Prosecutor, during this period of review and during the development of the audited guidelines, consider these issues and ensure that American companies can continue to rely on the advantages of this landmark.
2025-02-21 11:30:00
