Australian businesses operating in international markets need to know their obligations under Australian and foreign law for dealing with foreign public officials.
Bribery and corruption are serious risks for Australians doing business offshore.
Under Australian law, bribery of foreign public officials is a serious crime. It's punishable by fines and imprisonment. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas.
Most foreign countries also have laws that prohibit offering or giving a benefit to government officials to improperly influence their actions.
Australian businesses operating offshore should do the following.
Our Go Global Toolkit has guidance and resources to help you Protect yourself from bribery and corruption.
The Australian Government has a zero tolerance approach to bribery and corruption.
It is Austrade policy that:
We ensure our practices comply with the anti-bribery provisions contained in section 70 of the Australian Criminal Code. This includes mandatory training for all our staff on complying with anti-bribery laws.
Our policies and client documents align with anti-bribery laws. Our service proposals, for example, clearly state that we cannot assist clients to pay bribes or make facilitation payments.