Anti-Bribery and Corruption: What are Facilitation Payments?
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Description
This course explores the intricate landscape of facilitation payments within the context of business transactions and global trade. It delves into the ethical and legal implications of these seemingly harmless payments, intended to expedite routine processes. Participants will gain an understanding of what facilitation payments entail, their potential consequences for corruption, and strategies for effectively handling and mitigating ethical risks associated with such payments. Define facilitation payments and distinguish them from bribes, identifying scenarios where they commonly occur. Analyze the ethical implications and corruption risks associated with facilitation payments, emphasizing the importance of transparency and fairness. Develop practical strategies for handling facilitation payment requests, prioritizing compliance, ethics, and accountability in various business contexts.
Course Objectives:
Define facilitation payments and distinguish them from bribes, identifying scenarios where they commonly occur.;Analyze the ethical implications and corruption risks associated with facilitation payments, emphasizing the importance of transparency and fairness.;Develop practical strategies for handling facilitation payment requests, prioritizing compliance, ethics, and accountability in various business contexts.;;
Duration: 10 min.
System Requirements
Microsoft Internet Explorer 10 or higher, Microsoft Edge, Google Chrome, iPad iOS, Mac OS 10, Apple Safari 8, Android Google Chrome. Works on Mobile, Tablet or Computer.
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Anti-Bribery and Corruption: What are Facilitation Payments?
This course explores the intricate landscape of facilitation payments within the context of business transactions and global trade. It delves into the ethical and legal implications of these seemingly harmless payments, intended to expedite routine processes. Participants will gain an understanding of what facilitation payments entail, their potential consequences for corruption, and strategies for effectively handling and mitigating ethical risks associated with such payments. Define facilitation payments and distinguish them from bribes, identifying scenarios where they commonly occur. Analyze the ethical implications and corruption risks associated with facilitation payments, emphasizing the importance of transparency and fairness. Develop practical strategies for handling facilitation payment requests, prioritizing compliance, ethics, and accountability in various business contexts.
Course Objectives:
Define facilitation payments and distinguish them from bribes, identifying scenarios where they commonly occur.;Analyze the ethical implications and corruption risks associated with facilitation payments, emphasizing the importance of transparency and fairness.;Develop practical strategies for handling facilitation payment requests, prioritizing compliance, ethics, and accountability in various business contexts.;;
Duration: 10 min.