Name: Facilitating Payment
SKU: 67007418
Price: 142.34 EUR
Availability: InStock
ISBN: 9786131288814

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Type

Physical Book

Publisher

Betascript Publishing

Language

English

Format

Paperback

Dimensions

22 x 0 cm

ISBN13

9786131288814

Facilitating Payment

New Book Imported to Netherlands

Delivery: 02 Oct - 06 Oct

€ 142,34

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€ 142,34

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Synopsis "Facilitating Payment"

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A facilitating payment is a certain type of payment to foreign officials which is not considered to be bribery according to legislations of some states as well as in the international anti-bribery conventions, e.g., coming from the OECD.For legal purposes, it is distinguished from bribery, however the distinction is often blurred. Determining whether a payment is a facilitating one may be difficult and depend on the circumstances. The value of the payment is not immediately relevant, however the greater the value, the higher are chances that it will be a red flag for law enforcement. Small unofficial payments are customary and even legal in some countries, nevertheless they may present a risk of liability according to the laws of the host country. There also exists a slippery slope danger of evolving into dubious payments.

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