Anti-Corruption Certification

To get certified

Glossary of terms used on this site

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Term Definition
Solicitation

Act or instance of requesting or seeking bid, business, or information. Unlike an offer, a solicitation is not a clear indication of the intention to enter into a binding agreement. (Cf. extortion)

State capture

A type of systemic political corruption in which private interests significantly influence a state's decision-making processes to their own advantage

Tax haven

A country or independent area where taxes are levied at a low rate

The General Data Protection Regulation (GDPR) 2016/679

A regulation in EU law on data protection and privacy for all individuals within the European Union. It addresses the export of personal data outside the EU. It is enforceable from May 25, 2018

Third party

Someone who may be indirectly involved but is not a principal party to an arrangement, contract, deal, lawsuit, or transaction. Companies use third parties to increase sales or assist in negotiations

Transparency

As used in business, is operating in such a way that it is easy for others to see what actions are performed

UK Bribery Act

An Act of the Parliament of the United Kingdom that covers the criminal law relating to bribery (2010)

US Department of Justice (DOJ)

A federal executive department of the U.S. government, responsible for the enforcement of the law and administration of justice in the United States

US Federal Sentencing Guidelines

Rules that set out a uniform sentencing policy for individuals and organizations convicted of felonies and serious (Class A) misdemeanors in the United States federal courts system

Whistleblower

A person who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public