Foreign bribery - Initiative to raise global awareness

Last updated: 30 September 2011

Who pays the price for foreign bribery? We all do

But we all have the ability - and responsibility - to stop this extremely harmful conduct.

 

Every year, millions of dollars are squandered on bribes paid to public officials in exchange for business advantages. The result: shoddy roads, crumbling bridges, sub-standard hospitals and schools, and food and drugs that don’t meet safety standards.

 

Too few realise bribery carries a price. The more everyone knows about this crime, the less likely companies are to offer bribes, the less likely public officials are to receive or solicit them, and the more likely law enforcement authorities are to investigate foreign bribery allegations.

 

Initiative to Raise Global Awareness of Foreign Bribery

With this in mind, the OECD has launched an Initiative to Raise Global Awareness of Foreign Bribery. The goal of the OECD Initiative is to:

  • raise awareness of foreign bribery as a crime
  • illustrate the negative impact of foreign bribery
  • increase interest in anti-bribery measures for every country
 

"For the global economy, corruption is dangerous..."

31 May 2010

U.S. Attorney General Eric H. Holder on US efforts to fight international corruption.

U.S. Attorney General Eric H. Holder

This Initiative comes 10 years after the entry into force of the OECD Anti-Bribery Convention, one of the world’s most effective anti-corruption instruments, and the only one focused directly on foreign bribery.

 

Plans for the three-year Initiative include a worldwide media outreach campaign, a foreign bribery impact study, and working with business and law schools to include course materials on foreign bribery to educate the next generation of business leaders about this corrupt practice.

 

Who is part of the Initiative?

All 38 state parties to the Anti-Bribery Convention—including all 34 OECD member countries plus Argentina, Brazil, Bulgaria, and South Africa—are part of the Initiative.

 

We invite any international organisations, NGOs, corporate networks or governments with similar anti-corruption agendas to be a part of this global Initiative.

 

Join the fight

International organisations, NGOs, corporate networks or governments with similar anti-corruption agendas are invited to join us in this initiative. Email the OECD for more information at anti-corruption.contact@oecd.org

OECD’s longstanding fight against foreign bribery

The OECD Anti-Bribery Convention requires that the 38 states parties criminalise the bribery of foreign public officials to obtain advantages in international business, and subject companies and individuals who engage in such bribery to effective, proportionate and dissuasive sanctions. States parties are also required to disallow tax deductions for bribe payments under the 2009 Recommendation on Tax Measures for Combating Foreign Bribery.

  Initiative news

 

  Key material

OECD Anti-Bribery Instruments

 

Useful OECD Resources

More on the Initiative


 

Permanent url www.oecd.org/corruption/initiative

 

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