Chile - Phase 1bis: Report on Implementation of the OECD Anti-Bribery Convention
The Phase 1 review of Chile took place in 2004 and the Phase 2 review took place in 2007. In 2007, the Working Group was seriously concerned that Chile had not taken any steps to address the Working Group’s Phase 1 recommendations with regard to the liability of legal persons, sanctions, jurisdiction, bank secrecy or the foreign bribery offence. It recommended that Chile take prompt action in order to achieve full compliance with Articles 1, 2, 3, 4 and 9 of the Convention. It also made specific recommendations. Considering the seriousness of the situation, the Working Group decided to engage in an exceptional additional review of Chile's legislation (Phase 1bis), originally planned to take place in October 2008. The present review has been discussed by the Working Group in October 2009, after relevant laws have entered into force. The present review also addresses a few amendments that had not been requested in Phase 1 or Phase 2. However, since the Bill on liability of legal persons has not entered into force as the time of the Working Group meeting, it is not discussed in this report. A further report will be discussed in December 2009.
Long abstract
