Stay Away From Bribes in International or Any Business

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In 2021, Deutsche Bank agreed to pay $130 million largely to settle allegations that it violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Let me repeat the key part of what they did wrong:  They violated laws against bribery by using middlemen and hiding its payments to them as part of a global effort to win business.

Read on to learn more – about what a bribe is, about the Foreign Corrupt Practices Act (FCPA), how to stay clear of trouble and what you should do if you are part of a bribe.

from The Global Small Business Blog https://ift.tt/1Q8Ac6s