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Clifford Chance

Clifford Chance

Briefings

Time to Up Your Game: The TPP's Enhanced Anti-Corruption Provisions

9 November 2015

On November 5, 2015, the text of the Trans-Pacific Partnership Agreement (TPP) agreed to by 12 countries – Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam – was disclosed to the public. Hailed as a landmark agreement setting a new standard for global trade, the TPP includes the strongest anti-corruption standards of any multi-lateral (and bilateral) trade agreement in history. These provisions, if implemented and enforced, could level the playing field for compliant companies operating in Asia Pacific – and make it harder for those unwilling to up their game.

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