|
ICC tools for self-regulation
ICC Rules of Conduct and Recommendations for Combating Extortion and Bribery (2005 edition):
First published in 1977, last revised in 2005 (major changes from the 2005 edition), the ICC Rules outline the basic measures companies should take to prevent corruption. These Rules of Conduct are intended as a method of self-regulation by international business. Although they are without direct legal effect, the Rules of Conduct constitute what is considered good commercial practice in the matters to which they relate.
The ICC Rules also lays out world business recommendations on policy action to be taken at national and international level to strengthen the administrative and regulatory framework to fight corruption.
| 
