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Anti-Corruption and Bribery

Policy and Education for Ossur Employees, Agents, and Representatives

Topic 6

Agenda

  • US FCPA
  • UK Bribery Act
  • Peoples Republic of China
  • Plus many (many) more
  • How are they similar?
  • How are they different?
  • Ossur Policy

Topic 5

US Foreign Corrupt Practices Act (FCPA)-1977

"It's illegal to make any payment to a “foreign official” for the purpose of obtaining or retaining business for or with, or directing business to, any person"

Permitted

NOT INTENDED TO INFLUENCE OUTCOME only TIMING!

Foreign Official

Facilitation Payments

Promotional Hospitality and Marketing

Promotional Giftstation

Prohibited

Any officer or employee of a foreign government or any department, agency, or instrumentality thereof, or of a public international organization, or any person acting in an official capacity for or on behalf of any such government or department, agency, or instrumentality, or for or on behalf of any such public international organization

Gifts

Meals

Travel

Charitable Donations

Anything of Value

Topic 4

UK Anti-Bribery Act

photo credit Nasa / Goddard Space Flight Center / Reto Stöckli

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