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provide money or its equivalent, gifts, meals or entertainment of any value to any government employee, unless
specifically allowed by law. Laws concerning this matter are often
complex and vary from country to country. Before offering or accepting
any gifts, meals or entertainment to or from a government official, consult
with the Global Law department or your local Compliance Officer.
Bribery and CorruptionOften in our industry, a country's
government is both the regulator of
our products and a major customer.
We also retain the services of scientists
and doctors for consulting and research
activities and many of them are
employees of public institutions and
may be considered government
employees.
Most countries in which we do
business have laws that forbid making,
offering or promising any payment or
giving anything of value (directly or
indirectly) to a government employee
when the payment or gift is intended
to influence an official act or decision to
obtain or retain business or secure an
unfair business advantage. Under the
U.S. Foreign Corrupt Practices Act,
foreign political parties and candidates
as well as officers and employees of
state-owned companies are considered
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Q. Can I provide gifts to my
customers during the holiday
season?
A. Not only do countries have
different laws regarding what
types of gifts can be provided,
but our customers may also be
subject to specific guidelines
of their employers. You should
ensure that holiday gifts are
allowed in your country and
by your customers’ employers,
and determine if there is a cost
limit. You should also discuss
with your manager the
appropriateness of providing
gifts to customers. At all
times, gifts must be modest,
appropriate and customary
with local standards.
Bribery and Corruption
Q. I was told that I could hire
a consultant to take care of getting all the permits we need from a foreign government.
He requested a $40,000 retainer and said that he would use the money to "help move the
process along." Since we don't really know where the money is going, do we have to worry
about it?
A. Absolutely. You must know
where that money is going and for what purpose it is being
used. Moreover, the Company is required to take steps to ensure...
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