In four out of six petroleum agreements recently approved by Ghana’s Parliament, the government required oil and gas producers to certify compliance with the Foreign Corrupt Practices Act (FCPA), UK Bribery Act, and OECD Anti-Bribery Convention. At an event in June sponsored by the Ghana government, the FCPA was referred to as model legislation for fighting abuses in the oil and gas industry. This new standard highlights the importance of anti-corruption compliance for companies and businesses seeking to do business in global markets.
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