The American Chamber of Commerce in Romania (AmCham Romania) released on November 20, 2012 the "Anti-Corruption Guidelines", a tool meant to contribute to the prevention of bribery and corruption, as well as to a more efficient approach towards corruption to be embraced by the companies in Romania.

"Both companies and profesional organizations throughout the world have reported significant progresses when it comes to bribery and corruption prevention in doing business. AmCham Romania brings in a proactive approach in terms of fighting these questionable practices and intents to support both state-owned and private companies by developing this document", said Mr. Sorin Mîndruțescu, AmCham Romania President.

The Guidelines are based on international documents and best practices ‒ adjusted in accordance with the legal framework and the business environment in Romania ‒ and include key principles and recommendations, as well as a reference book and the instruments needed to apply these practices.

"The best practices anti-corruption guidelines aim at grounding a preventive conduct for companies fighting bribery and corruption, while encouraging them to develop their own anti-bribery and anti-corruption policies and provisions, to implement them and monitor their results on a regular basis", said Mrs. Anda Todor, President of the Corporate Governance Committee, AmCham Romania, the group which managed this project.

The "Anti-corruption Guidelines" approaches in its former section topics such as employment/recruiting; sponsorships; partners & contracting parties; travel, gifts and related expences; political contributions; facilitation payments; tender process management (public procurement) and failure to prevent bribery by an associated person, while the latter section defines the means to implement those processes.

The document is to be distributed to over 300 AmCham Romania member companies which, thus, will know better how to handle the legal, economic and ethical challenges caused by bribery and corruption in their work.

Principiile Anticoruptie ale AmCham Romania

AmCham Romania Anti-Corruption Guidelines

AmCham.ro              20/11/2012