Prepared by the ICC Commission on Corporate Responsibility and Anti-corruption
and the Commission on Commercial Law and Practice
Free download here
Corruption has devastating effects on business and costs companies and governments billions of dollars per year. Further, it is detrimental to the level playing field that companies need and undermines international public order.
Designed for large, small and medium sized companies alike, the ICC Anti-corruption Clause is a vital instrument for combating corruption and bribery. It is a Clause that companies may include in their agreements, thus committing to comply with the ICC Rules on Combating Corruption or to put in place and maintain an anti-corruption compliance programme.
The aim of this clause is to preserve trust between parties, to deter corruption in the negotiation and performance of a contract, and to preserve the sanctity of contracts. The ICC Anti-corruption Clause is available free of charge here.
ICC’s model contracts and clauses facilitate international business negotiations and the drafting of the numerous contractual documents and reflect best international corporate practice. To help companies in their auto-regulative efforts, the International Chamber of Commerce issued the first ICC Rules on Combating Corruption in 1977. The ICC Rules on Combating Corruption, first issued in 1997, constitute the cornerstone of ICC's anti-corruption work, serving both as a tool for self-regulation by business and as a roadmap for governments in their efforts to fight extortion and bribery.
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