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ICC Rules of Conduct : Article 3 : Agents

Enterprises should take measures reasonably within their power to ensure:

a) that any payment made to any agent represents no more than an appropriate remuneration for legitimate services rendered by such agent;

b) that no part of any such payment is passed on by the agent as a bribe or otherwise in contravention of these Rules of Conduct; and

c) that they maintain a record of the names and terms of employment of all agents who are retained by them in connection with transactions with public bodies or State enterprises. This record should be available for inspection by auditors and, upon specific request, by appropriate, duly authorized governmental authorities under conditions of confidentiality.

Bribery Financial Recording

 

ICC

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 Articles:
Preface
Foreword
GOVERNMENT AND ORGANIZATIONS International Cooperation
Preventive measures
Enforcement Measures
Auditing
OECD Convention
Law enforcement
International financial institutions
BUSINESS Introduction
Basic Principle
Basic Rules Extortion
Bribery
Agents
Financial Recording
Responsabilities
Political Contributions
Company Codes
ICC Follow-up


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