APPENDIX 14
Supplementary memorandum by the British
Exporters Association
We have received the transcript of exchanges
on 17 May between representatives of the British Exporters Association
(BExA) and the Sub-Committee on the Export Credits Guarantee Department's
bribery rules.
In addition to the comments made at the hearing,
Sue Walton, BExA's Chairman, would like to refer the following
clarification to the Sub-Committee:
On reviewing our records in relation to Q52,
the concern that our members had with respect to the audit process
leading to a leak of information related to ECGD's new language
suggesting that ECGD or a third party appointed by them would
conduct the audit. Our members wanted to be sure that any third
party conducting an audit on behalf of ECGD was acceptable to
the supplier as there was a concern that ECGD could appoint an
auditor who was a competitor to the supplier company allowing
that competitor to gain access to confidential data. ECGD agreed
that this was not their intention.
There is in addition a concern related to the
leaking of commercially confidential information provided by exporters
to ECGD which is separate from the concern about third party auditors.
5 June 2006
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