A Balancing Act

Ortiz, Carlos; Hawkins, Tracey
April 2006
Credit Control;2006, Vol. 27 Issue 4/5, p65
Trade Publication
The article discusses the new rules of the 1997 Convention on Combating Bribery of foreign Officials in International Business Transactions of the Export Credit Guarantee Department (ECGD) in Great Britain. The aim of ECGD's new anti-bribery and corruption procedures was to balance the conflicting interest of anti-bribery and corruption and industry. Details related to the ECGD's new procedures concerning agent identities, representation requirements, and audit power are discussed.


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