Building a culture of integrity and compliance
Overview of Part III
This part of the report consists of two chapters that identify
further changes that could be enacted to bring Australia up to date with
comparative countries systems and in doing so, signal that Australia is serious
about combatting foreign bribery (and other forms of corruption).
It assesses the adequacy of the government's proposed
initiatives and what more needs to be done in light of what has been examined
and recommended in evidence to the inquiry and other consultations, including
the Phase 4 OECD Report. In particular, it looks at ways that Australia can
build a corporate culture of integrity and compliance.
It explores the use of the facilitation payment defence in
Australia. In particular, it scrutinises its prevalence internationally and
examines arguments to retain or abolish the defence within Australia's
anti-bribery legislative framework.
It also evaluates the following options to further strengthen
Australia's foreign bribery framework:
- the expansion of the register of beneficial ownership;
a debarment model; and
development of official guidance relating to compliance with
Australia's foreign bribery laws and how to make a voluntary report of foreign
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