A commercial intermediary must meet three criteria in order to
become a TRACE member:
Participate in and complete an extensive background review
Have or adopt an effective written policy
addressing bribery, extortion and kickbacks
Commit to participate in annual anti-bribery
training
The TRACE due diligence review process is based
on best practices benchmarking surveys of numerous international
corporations, guidelines from the U.S. Department of Justice and
case law. TRACE member intermediaries are essentially "pre-vetted"
commercial partners for multinational companies.
While no organization can guarantee the ethics of its members, TRACE
membership ensures that the right questions have been asked, that
a single rigorous standard has been applied and that a company’s
own high standards have been communicated throughout its marketing
chain. TRACE memberships are reviewed annually.