ABSTRACT
Corruption inflicts profound damage on people, society, and the planet. The global anticorruption regime consists of independent but interacting strands that together form a comprehensive legal and regulatory response to corruption. Local laws, international conventions, arbitration, administrative regulations, and the standards of business associations and other organizations each contribute to the regime. Very simply distilled, the rules embodied in the global anticorruption regime prohibit most forms of corruption, particularly bribery by business firms, and require business firms to implement effective antibribery programs. Potential violations are monitored by local law enforcement agencies, which in general are required to cooperate with other agencies, and by local and international administrative institutions, arbitral tribunals, business and other organizations, and members of society.
