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Global corruption is one of the greatest challenges of our era: it distorts markets, weakens our governments, raises the costs of doing business, promotes inequalities and erodes our sustainable development efforts, said OECD Secretary-General at Chatham House.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in the United Kingdom.
The United Kingdom has significantly boosted its foreign bribery enforcement efforts but needs to be more transparent when resolving cases.
"The UK Bribery Act, which came into force on 1 July, is an important step in Britain’s efforts to combat bribery. The Act will equip the UK courts with some of the most robust anti-bribery legislation in the world."
We recently received assurances from the highest levels of the UK government that they would issue guidance which would allow the UK’s Bribery Act 2010 to enter into force,” said OECD Secretary-General Angel Gurría.
The OECD’s Working Group on Bribery has today received assurances from the highest levels of the UK government that the guidance necessary to implement the nation’s Bribery Act 2010 will be published shortly.
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This report was approved and adopted by the Working Group on Bribery in International Business Transactions on 16 December 2010.
OECD Secretary-General Angel Gurría today welcomed the passage into law of the UK Bribery Bill.
The OECD is pleased to see the commitment being made by the UK government to the fight against foreign bribery,” Mr Gurría said.
At the G20 summit in London on 2 April, governments pledged to do all they can to restore confidence, growth and jobs; repair and strengthen the financial system; promote global trade and investment and reject protectionism; and build an inclusive, green and sustainable recovery for all. The OECD worked behind the scenes with G20 governments and other international organisations to help achieve this successful outcome and further our