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TRACE Releases Report on Bribe Demands in the United States
Date:12/6/2011

ribery investigation or conviction are significant in terms of brand and reputational damage at a time when public sentiment against perceived corporate excesses and cozy relationships with government officials is at a high-water mark."

BRIBEline, an anonymous, online reporting system, provides country-specific information about bribe demands:  who is requesting a bribe, how a bribe is to be paid, whether a bribe is to be paid in installments and, if so, at what frequency, and what is being promised in exchange for the bribe.  The seven country reports completed to date are available at www.TRACEinternational.org.

About TRACE

TRACE is a non-profit membership association that pools resources to provide practical and cost-effective anti-bribery compliance solutions for multinational companies and their commercial intermediaries (sales agents and representatives, consultants, distributors, suppliers, etc.). TRACE provides several core services and products, including: due diligence reports on commercial intermediaries; model compliance policies; an online Resource Center with foreign local law summaries, including guidelines on gifts and hospitality; in-person and online anti-bribery training; research on corporate best practices; and Gifts & Hospitality Tracking Software.

For additional information about TRACE, visit www.TRACEinternational.org.


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