Anti-Corruption Protection of Russian Companies in Foreign Jurisdictions

Abstract

The article is devoted to existing problems and prospective tasks of preventing corruption risks and fraudulent threats that domestic public organizations conducting foreign economic activity in the countries of their presence may encounter. The globalization of anti-corruption standards of business conduct rules imposed on business structures around the world is due to the cross-border nature of the laws of several states of the Anglo-Saxon legal system, as well as the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. These circumstances require the actualization of the tasks of the anti-corruption policy of every public company, regardless of the country of its affiliation, legal form and type of ownership. Most business organizations in the world are developing their own tactical preventive measures against corruption abroad. The content of these measures is different. In the absence of a unity of approaches to organizational, methodological, regulatory support, as well as legal regulation and application of such measures, the article presents the results of monitoring national and multinational companies’ practices aimed at prevention of corruption risks that may arise in interaction with foreign contractors. The monitoring results are proposed to be considered in the methodological positions of the prospective development of a unified strategy for the prevention of corruption risks for domestic companies operating abroad