Anti-corruption: OECD welcomes Slovak move to make firms liable for foreign bribery

“The introduction of corporate liability into the Slovak Republic’s legislation is a very welcome development,” Mr. Gurría commented. “It sends a strong message of commitment to the fight against corruption and helps create a level playing field for firms competing internationally.”

Foreign State Immunity and Foreign Government Controlled Investors, OECD Working Papers on International Investment, No. 2010/2

This working paper examines two issues concerning foreign state-controlled investors: whether the doctrine of foreign state immunity may make it difficult for private parties to pursue legitimate claims against them and whether that doctrine creates regulatory enforcement gaps for host countries.

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