What are the obligations for businesses to have internal policies and procedures to combat bribery and corruption?

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In Germany, businesses are subject to obligations to establish and maintain internal policies and procedures to combat bribery and corruption. These obligations are designed to promote ethical conduct, prevent corrupt…

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Are companies required to perform due diligence on third parties, agents, or intermediaries to prevent bribery?

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Yes, companies in Germany are strongly encouraged and often legally obligated to perform due diligence on third parties, agents, intermediaries, and business partners to prevent bribery and corruption. Due diligence…

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Are there any specific provisions or guidelines for industries particularly susceptible to corruption, such as natural resources or defense?

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Yes, Germany has specific provisions and guidelines for industries that are particularly susceptible to corruption, including those related to natural resources and defense. These provisions aim to enhance transparency, prevent…

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How is international cooperation approached in anti-bribery and corruption matters? Are there any notable treaties or agreements in place?

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Germany places a strong emphasis on international cooperation in the fight against bribery and corruption. The country is committed to working with other nations and international organizations to combat corrupt…

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