Sweden - Phase 2: Report on Implementation of the OECD Anti-Bribery Convention
This report evaluates the application of the OECD Anti-Bribery Convention and the 1997 Revised Recommendation in Sweden. Among other things, the report recommends that Sweden complete, as a matter priority, its reform of the system for corporate liability. The reform should in particular include a review of any legal or practical obstacles to imposing corporate fines. The report also encourages broadening the grounds for confiscation of criminal proceeds, and recommends ensuring that law enforcement and judicial authorities are aware of the role of confiscation in punishing bribers of foreign public officials. Finally, the report recommends that Sweden require auditors in all cases to report suspicions of bribery of foreign public officials to the board of directors, and consider requiring auditors to report such suspicions to law enforcement authorities.
Long abstract
