Select Committee on International Development Appendices to the Minutes of Evidence


APPENDIX 14

Memorandum submitted by the International Chamber of Commerce

  I would like to thank you for your letter dated 19 December 2000 concerning the current inquiry of the International Development Committee into the impact of corruption on development and developing countries.

  ICC's Standing Committee on Extortion and Bribery's aim is to encourage self-regulation by business in confronting issues of extortion and bribery, and to work together with international organisations to develop conventions to fight corruption.

  ICC has recently revised its Rules of Conduct on Extortion and Bribery in International Business Transactions (see attachment[137]). As you will see from the attached article[138] which appeared in "No Longer Business as Usual" (OECD, 2000) ICC's efforts to combat corruption date back more than 20 years. The ICC Rules clearly prohibit bribery for any purpose. By addressing not only bribery of foreign public officials, but also commercial "private-to-private" bribery, the ICC Rules go even a step further than the OECD Convention. To accompany these rules and also to provide guidance for compliance with the OECD Convention, ICC published in 1999 "Fighting Bribery: A Corporate Practices Manual".

  ICC is currently conducting a study of measures to curb private bribery which will be presented to OECD. The Study will identify the principal areas in which private bribery operates, and review the instruments that governments currently use to deter and combat it. The Study will also determine the effectiveness of civil remedies to recover damages caused by private bribery and will evaluate effectiveness of self-regulation measures that business has created to curb these practices.

  The Study will comprise a factual survey of private sector bribery to identify major areas of concern and a legal survey of measures currently available to control private sector bribery. The findings will be used to develop recommendations for action by government and business to combat private sector bribery more effectively.

Mathias Hirsch

Policy Manger, Standing Committee on Extortion and Bribery

International Chamber of Commerce

February 2001


137   Not printed. Available at hhtp://www.iccwbo.org/home/statements-rules/rules/1999. Back

138   Not printed. Back


 
previous page contents next page

House of Commons home page Parliament home page House of Lords home page search page enquiries index

© Parliamentary copyright 2001
Prepared 5 April 2001