Business Corruption in Spain

Bribery is not widespread in business dealings in Spain, yet companies cite corruption as a business impediment. Many corruption cases have been initiated in recent years, revealing corruption risks and mismanagement in local-level public procurement in urban planning and construction. The Criminal Code (in Spanish) makes it illegal for individuals to offer and accept bribes, and corporate entities can be held criminally liable for corruption offences committed by their representatives. Facilitation payments are prohibited, and gifts and hospitality may be considered illegal depending on the intent and benefit obtained. Spain's attempts to limit corruption have intensified in recent years. New anti-corruption units have been created, new transparency-enhancing legislation has been passed, and efforts have been made to improve public control and governance systems. As a result, corruption investigations, arrests and prosecutions have significantly increased.

December 2015
GAN Integrity Solutions