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20/06/2012 - The Slovak Republic must urgently meet its obligations under the Convention it signed 12 years ago and introduce an effective corporate liability regime so that Slovak companies are held accountable for the bribery of foreign public officials in cross-border business deals, says a new OECD report.
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Hungary’s law banning bribery of foreign public officials is relatively good on paper but lacks effective application, according to a new OECD report. Hungary must strengthen detection and prosecution of individuals and companies involved in foreign bribery.
The United Kingdom has significantly boosted its foreign bribery enforcement efforts but needs to be more transparent when resolving cases.
Bribery of public officials is harmful to good governance, economic development and competitive conditions. Confiscation and recovery of the proceeds derived from foreign bribery are key elements in the international framework to fight corruption of public officials.
Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.
Korea has improved its information and intelligence gathering capacity in foreign bribery cases, but should be more proactive in investigating allegations, according to a new OECD report.
Openness is one of the key values that guide the OECD vision for a stronger, cleaner, fairer world. This is why the OECD welcomes the launch of the Open Government Partnership today and the efforts led by Presidents Obama and Rousseff to promote government transparency, fight corruption, empower citizens and maximise the potential of new technologies to strengthen accountability and foster participation in public affairs.
Luxembourg must step up its efforts to detect and prosecute cases of bribery of foreign public officials, particularly now that its legal framework has been strengthened, in compliance with the Anti-Bribery Convention
Norway has made significant progress in its efforts against the bribery of foreign public officials in recent years, according to a new OECD report. But more could be done to strengthen enforcement, including by focusing on the confiscation from companies of the proceeds of bribery.