"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."
Corruption threatens good governance, sustainable economic development, democratic process, and fair business practices. The OECD is a global leader in the fight against corruption with a multidisciplinary approach addressing corruption in business, taxation, development aid and governance.
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.
Combating bribery and corruption has become a top global priority, and it is central to our mission. We need to enhance our anti-corruption efforts, strengthen their coherence and improve cooperation with other important actors, like the legal profession practitioners, said Angel Gurría.
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An updated summary of the tax treatment of bribes by Parties to the Convention and Observer Countries. It includes new information concerning Australia and Mexico.
Governments in the Arab region should quickly step up their efforts to tackle bribery and corruption in order to boost job creation, improve living standards through achieving the MDGs and promote trust in government.
The OECD will today invite the Russian Federation to join the OECD’s Working Group on Bribery and to accede to the OECD’s Anti-Bribery Convention. Secretary-General Angel Gurría will sign an exchange of letters with First Deputy Minister of Foreign Affairs, Andrey Denisov, and Russia’s Minister for Economic Development, Elvira Nabiullina, at a ceremony during the OECD Ministerial Council Meeting.
Taking place in Indonesia, this international conference will focus on bribery in international business, specifically raising awareness of the risks foreign bribery poses to governments, businesses and individuals; reviewing legal frameworks for fighting foreign bribery; sharing of experiences and best practices in the fight against corruption; and fostering greater international co-operation in this area.
OECD Secretary-General Angel Gurría welcomed the recent signing into law by Russian President Dimitri Medvedev of legislation that criminalises foreign bribery, with monetary sanctions for companies and individuals who bribe foreign public officials.