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Code of practice |
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Code of practiceAn agreement that certain professions can sign up to in which they agree to act or serve in a certain way and which therefore protects the consumer in areas (such as estate agency) which are not regulated by an institution.Code of practice Similar MatchesNormal investment practiceNormal investment practiceThe investment history of a customer, which is used as a benchmark to test the bona fide public offerings requirement of the allocation of a hot issue. Foreign Corrupt Practices ActForeign Corrupt Practices ActU.S. law, enacted 1977, that prohibits U.S. firms from bribing foreign officials to obtain or retain business. The law permits, however, facilitating payments. Foreign Corrupt Practices ActForeign Corrupt Practices ActAn amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held US companies. Restrictive business practiceRestrictive business practiceAction by a firm or group of firms to restrict entry by other firms, that is, to prevent other firms from selling their product or in their market. This is a restraint of competition and would normally be illegal under competition policy. Government procurement practiceGovernment procurement practiceThe methods by which units of government and state-owned enterprises determine from whom to purchase goods and services. When these methods include a preference for domestic firms, they constitute an NTB. Subject of a Tokyo Round Code, later a WTO plurilateral agreement. Further SuggestionsUniform Customs and Practices (Brochure 500)Rules of fair practice Uniform practice code |
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