085. Anti-Corruption Law Takes Effect

KPMG Germany Webpage
Click on the above link to visit the KPMG Germany webpage on the Mondaq website
For copyright and disclaimer see end of this article

The new Act for Combating Corruption went into effect in Germany on 20 August 1997. The law tightens existing provisions related to civil servants and establishes new criminal penalties for arrangements in restraint of competition, bribery, and bribe-taking in commercial transactions. Existing provisions in this area are strengthened.

This article treats the subjects covered in condensed form. It is intended to provide a general guide to the subject matter and should not be relied on as a basis for business decisions. Specialist advice must be sought with respect to your individual circumstances. We in particular insist that the tax law and other sources on which the article is based be consulted in the original, whether or not such sources are named in the article. Please note as well that later versions of this article