Combating Extortion and Bribery: ICC Rules of Conduct and Recommendations Synopsis Part 1 of the 2005 edition of the International Chamber of Commerce (ICC) Rules of Conduct and Recommendations to Combat Extortion and Bribery contains principles and procedures for voluntary application in all organizations. The success of these rules depends on the ‘tone at the top’. They provide a benchmark for all organizations as an excellent anti-corruption policy. Monitoring of the principles underlying these rules is a must for all organizations.

It is also a must for internal auditing as part of its cutting edge fight against crime.

Reproduced from the International Chamber of Commerce (ICC) Rules of Conduct and Recommendations

(2005 edition) with permission from the International Chamber of Commerce, 38, Cours Albert 1er, 75008 Paris, France. www.icccwbo.org After Reading the Case Study Consider:

1. Does your board use these Rules of Conduct to fight corruption?

2. Does your organization provide guidance and training in identifying corruption in its daily business and across all its supply chains?

3. What resources and practices does your internal auditing use to identify transactions that contravene these rules, and weaknesses in control processes that could lead to such contraventions? Are any of these resources and practices at the cutting edge of internal auditing? If not, should they be?