[{"beginTime":"00:00:06.000","endTime":"00:00:09.566","captionLines":["It's not always easy to be sure whether an action counts as bribery."]},{"beginTime":"00:00:09.567","endTime":"00:00:12.785","captionLines":["To help you identify situations where bribery is involved,"]},{"beginTime":"00:00:12.786","endTime":"00:00:15.089","captionLines":["you can watch out for several warning signs"]},{"beginTime":"00:00:15.090","endTime":"00:00:18.002","captionLines":["that may point to potential bribery or corruption."]},{"beginTime":"00:00:18.819","endTime":"00:00:20.725","captionLines":["The first warning sign to look out for"]},{"beginTime":"00:00:20.726","endTime":"00:00:24.592","captionLines":["is business dealings in a country known for high levels of corruption."]},{"beginTime":"00:00:24.822","endTime":"00:00:28.014","captionLines":["Transparency International is a nonprofit organization"]},{"beginTime":"00:00:28.015","endTime":"00:00:30.696","captionLines":["that supports global anti-corruption efforts,"]},{"beginTime":"00:00:30.697","endTime":"00:00:33.340","captionLines":["and it maintains a \"Corruption Perceptions Index\""]},{"beginTime":"00:00:33.341","endTime":"00:00:36.419","captionLines":["that rates over 180 countries and territories"]},{"beginTime":"00:00:36.420","endTime":"00:00:38.573","captionLines":["according to their perceived levels of corruption"]},{"beginTime":"00:00:38.574","endTime":"00:00:41.284","captionLines":["based on expert assessments and opinion surveys."]},{"beginTime":"00:00:41.336","endTime":"00:00:44.776","captionLines":["If you're doing business in countries with a low score on the index,"]},{"beginTime":"00:00:44.777","endTime":"00:00:46.857","captionLines":["there may be a higher-than-average risk"]},{"beginTime":"00:00:46.858","endTime":"00:00:50.941","captionLines":["that bribery will be a common and expected part of commercial interactions."]},{"beginTime":"00:00:52.010","endTime":"00:00:55.800","captionLines":["Unusual financial arrangements, like excessive cash payments,"]},{"beginTime":"00:00:55.801","endTime":"00:00:57.631","captionLines":["can also be a warning sign."]},{"beginTime":"00:00:57.653","endTime":"00:01:00.206","captionLines":["If any of the parties to a transaction"]},{"beginTime":"00:01:00.220","endTime":"00:01:02.422","captionLines":["demand atypical payment terms"]},{"beginTime":"00:01:02.423","endTime":"00:01:05.214","captionLines":["– for example, money paid to non-business accounts,"]},{"beginTime":"00:01:05.215","endTime":"00:01:08.631","captionLines":["or the value of the transaction provided in cash or goods"]},{"beginTime":"00:01:08.632","endTime":"00:01:10.919","captionLines":["– that's something to scrutinize carefully."]},{"beginTime":"00:01:10.920","endTime":"00:01:14.775","captionLines":["It may be an attempt to circumvent standard record-keeping procedures"]},{"beginTime":"00:01:14.776","endTime":"00:01:17.297","captionLines":["so as to conceal the payment of bribes."]},{"beginTime":"00:01:17.998","endTime":"00:01:21.093","captionLines":["Other warning signs can be context-specific."]},{"beginTime":"00:01:21.113","endTime":"00:01:23.957","captionLines":["Depending on where and how your company does business,"]},{"beginTime":"00:01:23.958","endTime":"00:01:25.326","captionLines":["policies may differ;"]},{"beginTime":"00:01:25.327","endTime":"00:01:27.998","captionLines":["so it's important to consult your own company policy"]},{"beginTime":"00:01:27.999","endTime":"00:01:32.053","captionLines":["to find out its specific rules on what's acceptable and what's not."]},{"beginTime":"00:01:32.140","endTime":"00:01:34.443","captionLines":["Gifts and hospitality, for example,"]},{"beginTime":"00:01:34.444","endTime":"00:01:37.812","captionLines":["may be viewed differently in different places or contexts."]},{"beginTime":"00:01:37.946","endTime":"00:01:41.661","captionLines":["Many companies consider giving gifts or offering hospitality,"]},{"beginTime":"00:01:41.662","endTime":"00:01:43.290","captionLines":["such as meals and entertainment,"]},{"beginTime":"00:01:43.291","endTime":"00:01:45.711","captionLines":["to be an expected part of doing business."]},{"beginTime":"00:01:46.211","endTime":"00:01:48.967","captionLines":["But it can get complicated when doing business in places"]},{"beginTime":"00:01:48.968","endTime":"00:01:51.124","captionLines":["that have different cultural expectations,"]},{"beginTime":"00:01:51.125","endTime":"00:01:54.064","captionLines":["especially in relation to the value of these gifts."]},{"beginTime":"00:01:54.112","endTime":"00:01:56.949","captionLines":["What's considered a sign of respect in one country"]},{"beginTime":"00:01:56.950","endTime":"00:01:59.246","captionLines":["may be considered a bribe in another."]},{"beginTime":"00:01:59.896","endTime":"00:02:01.310","captionLines":["To help you keep things clear,"]},{"beginTime":"00:02:01.311","endTime":"00:02:04.454","captionLines":["your company's policy will cover what's acceptable and what's not,"]},{"beginTime":"00:02:04.455","endTime":"00:02:09.166","captionLines":["in some cases by establishing a maximum permitted value for gifts and hospitality."]},{"beginTime":"00:02:09.167","endTime":"00:02:13.299","captionLines":["But a general rule of thumb is that expensive or covert gifts"]},{"beginTime":"00:02:13.300","endTime":"00:02:16.339","captionLines":["and hospitality should be seen as a warning sign."]},{"beginTime":"00:02:17.038","endTime":"00:02:19.064","captionLines":["If the value of the gift is great,"]},{"beginTime":"00:02:19.065","endTime":"00:02:22.575","captionLines":["it could be seen as an attempt to influence the receiver;"]},{"beginTime":"00:02:22.606","endTime":"00:02:25.887","captionLines":["and if the giver or receiver is attempting to hide the gift,"]},{"beginTime":"00:02:25.888","endTime":"00:02:29.426","captionLines":["that's a clear sign that they know something about it is wrong."]},{"beginTime":"00:02:30.159","endTime":"00:02:32.942","captionLines":["If the hospitality you're showing or being shown"]},{"beginTime":"00:02:32.943","endTime":"00:02:35.657","captionLines":["is reasonable and proportionate in the context,"]},{"beginTime":"00:02:35.658","endTime":"00:02:37.164","captionLines":["that's usually fine."]},{"beginTime":"00:02:37.165","endTime":"00:02:39.835","captionLines":["There's nothing wrong with providing coffee, tea,"]},{"beginTime":"00:02:39.836","endTime":"00:02:42.078","captionLines":["or other refreshments for a client meeting."]},{"beginTime":"00:02:42.163","endTime":"00:02:44.440","captionLines":["But if the meeting moves to a high-end restaurant"]},{"beginTime":"00:02:44.441","endTime":"00:02:47.025","captionLines":["with lavish menus and rare wine lists,"]},{"beginTime":"00:02:47.026","endTime":"00:02:48.852","captionLines":["that might be a different story."]},{"beginTime":"00:02:48.853","endTime":"00:02:50.859","captionLines":["And if the person paying the tab expects you"]},{"beginTime":"00:02:50.860","endTime":"00:02:52.792","captionLines":["to avoid mentioning it to anyone else,"]},{"beginTime":"00:02:52.793","endTime":"00:02:54.600","captionLines":["then there's likely a problem."]},{"beginTime":"00:02:55.650","endTime":"00:02:59.684","captionLines":["Another warning sign relates to the concept of facilitation payments."]},{"beginTime":"00:02:59.685","endTime":"00:03:02.783","captionLines":["These are small sums of money paid to government officials"]},{"beginTime":"00:03:02.784","endTime":"00:03:05.502","captionLines":["to expedite routine business activities."]},{"beginTime":"00:03:05.540","endTime":"00:03:08.068","captionLines":["They're typically made to low-ranking officials"]},{"beginTime":"00:03:08.069","endTime":"00:03:11.653","captionLines":["to obtain permits, licenses, visas, or work orders,"]},{"beginTime":"00:03:11.654","endTime":"00:03:15.419","captionLines":["or to schedule inspections, get utilities set up, and so on."]},{"beginTime":"00:03:15.479","endTime":"00:03:17.940","captionLines":["This may sound like a clear case of bribery,"]},{"beginTime":"00:03:17.941","endTime":"00:03:18.921","captionLines":["but in fact,"]},{"beginTime":"00:03:18.922","endTime":"00:03:22.999","captionLines":["some countries' anti-bribery laws allow minor facilitation payments"]},{"beginTime":"00:03:23.000","endTime":"00:03:24.903","captionLines":["as long as they're accurately reported"]},{"beginTime":"00:03:24.904","endTime":"00:03:28.606","captionLines":["and don't induce the recipient to engage in improper actions."]},{"beginTime":"00:03:28.856","endTime":"00:03:32.546","captionLines":["However, other countries' laws don't make this kind of exception."]},{"beginTime":"00:03:32.586","endTime":"00:03:37.068","captionLines":["For that reason, many organizations forbid facilitation payments altogether,"]},{"beginTime":"00:03:37.069","endTime":"00:03:39.934","captionLines":["so that there's no risk of violating laws anywhere."]},{"beginTime":"00:03:40.006","endTime":"00:03:42.787","captionLines":["To understand your company's position on these payments,"]},{"beginTime":"00:03:42.788","endTime":"00:03:45.621","captionLines":["it's essential to check your company's policy."]},{"beginTime":"00:03:46.482","endTime":"00:03:51.494","captionLines":["The final warning sign to be aware of relates to suspicious third-party relationships."]},{"beginTime":"00:03:51.495","endTime":"00:03:54.117","captionLines":["When operating in international or regional markets,"]},{"beginTime":"00:03:54.118","endTime":"00:03:56.280","captionLines":["companies often employ third parties"]},{"beginTime":"00:03:56.281","endTime":"00:03:59.611","captionLines":["to provide unique knowledge or experience in a local market."]},{"beginTime":"00:03:59.874","endTime":"00:04:02.153","captionLines":["These third parties may be local agents,"]},{"beginTime":"00:04:02.161","endTime":"00:04:04.992","captionLines":["consultants, representatives, or advisers"]},{"beginTime":"00:04:04.993","endTime":"00:04:08.641","captionLines":["– people engaged by the company to act on the company's behalf."]},{"beginTime":"00:04:08.986","endTime":"00:04:11.075","captionLines":["But before you engage any third party,"]},{"beginTime":"00:04:11.076","endTime":"00:04:13.425","captionLines":["it's very important to conduct due diligence"]},{"beginTime":"00:04:13.426","endTime":"00:04:17.834","captionLines":["to make sure that the party has no history of involvement in any form of corruption."]},{"beginTime":"00:04:18.000","endTime":"00:04:21.039","captionLines":["This is especially important because many laws say"]},{"beginTime":"00:04:21.040","endTime":"00:04:24.656","captionLines":["that the corrupt actions of a third party can be considered the actions"]},{"beginTime":"00:04:24.657","endTime":"00:04:26.864","captionLines":["of the company that employs the third party."]},{"beginTime":"00:04:26.865","endTime":"00:04:30.026","captionLines":["In other words, your company could be held criminally liable"]},{"beginTime":"00:04:30.027","endTime":"00:04:32.647","captionLines":["for bribery committed by a third party you hired,"]},{"beginTime":"00:04:32.740","endTime":"00:04:35.933","captionLines":["whether or not you directed the third party to break the law"]},{"beginTime":"00:04:35.934","endTime":"00:04:37.464","captionLines":["– even, in some cases,"]},{"beginTime":"00:04:37.465","endTime":"00:04:40.012","captionLines":["if you didn't know the third party was breaking the law."]},{"beginTime":"00:04:40.312","endTime":"00:04:43.266","captionLines":["To make sure this doesn't happen, agreements with third parties"]},{"beginTime":"00:04:43.267","endTime":"00:04:45.185","captionLines":["should include specific language"]},{"beginTime":"00:04:45.186","endTime":"00:04:48.619","captionLines":["that prohibits any unlawful action on behalf of the company."]}]