Bribery in International Business

News & Events

News

United States: OECD recognises anti-bribery enforcement and recommends enhancements

20-Oct-2010

Transnational bribery enforcement under the U.S. Foreign Corrupt Practices Act (FCPA) has increased significantly since the last OECD evaluation of the implementation of the OECD Anti-Bribery Convention by the United States, according to a new OECD report.

Corruption: Finland should boost awareness among businesses of liability for foreign bribery, says OECD

19-Oct-2010

Finland needs to take urgent steps to raise awareness among Finnish companies that they are criminally liable under Finnish law if they, or their local agents or subsidiaries on their behalf, bribe public officials when doing business abroad.

Corruption and the legal profession

05-Oct-2010

This survey by the IBA, OECD and UNODC, measures the awareness and impact of bribery and corruption among legal professionals. Nearly half of all respondents stated corruption was an issue in their own jurisdiction. More than one in five respondents also said they have or may have been approached to act as an agent or middleman in a transaction that could reasonably be suspected to involve international corruption.

Anti-Corruption: Twenty-Eight Asia-Pacific Jurisdictions Adopt Anti-Bribery Recommendations

23-Sep-2010

Twenty-eight jurisdictions from the Asia-Pacific region have adopted recommendations on fighting domestic and international bribery on 22 September at the Initiative’s 15th Steering Group Meeting, hosted by the Malaysian Anti-Corruption Commission in Kuala Lumpur.

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

22-Jun-2010

“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.”

OECD Working Group on Bribery: Annual Report 2009

15-Jun-2010

The 2009 Annual Report highlights major steps taken by the 38 Parties to the Anti-Bribery Convention in 2009 to combat the bribery of foreign public officials in international business. For the first time, the Annual Report includes data on enforcement of the Convention.

Bribery: Data on Enforcement of the Anti-Bribery Convention

15-Jun-2010

Publicly available for the first time, this enforcement data includes the number of criminal, administrative and civil cases of foreign bribery that have resulted in a final disposition. Some countries also provided data on investigations; criminal, administrative and civil proceedings that have not resulted in a final court disposition; and data on sanctions.

Corruption : OECD’s Gurría welcomes passage into law of UK Bribery Bill

08-Apr-2010

OECD Secretary-General Angel Gurría today welcomed the passage into law of the UK Bribery Bill. “The OECD has highlighted the key role its members must play in the global fight against foreign bribery. With these tougher laws, the UK is now well placed to help lead this fight.”

Turkey : OECD welcomes efforts to tackle bribery in international business deals

25-Mar-2010

Turkey has made significant  progress in its efforts to combat bribery in international business deals by fully implementing all but one of the recommendations made by the OECD Working Group on Bribery since 2007, earning praise from the other 37 countries that are Party to the OECD Anti-Bribery Convention at a recent meeting in Paris.

Bribery - OECD calls on businesses to step up their fight

03-Mar-2010

Companies should put in place strict internal controls and establish ethics and compliance  programmes as part of a strategy to combat bribery in international business deals, according to a new guidance agreed by the 38 countries that are party to the OECD Anti-Bribery Convention.


Events

Raising global awareness of foreign bribery

Too few realise that the bribery of foreign public officials carries a price. The OECD's Initiative to Raise Global Awareness of Foreign Bribery focuses on the impact of foreign bribery and how governments, businesses, civil society, and individuals can fight back.

Foreign Bribery: Who Pays the Price?

on 09-Dec-2009

On International Anti-Corruption Day, the OECD celebrated the 10th anniversary of the entry into force of the Anti-Bribery Convention with a high-level roundtable on 'Foreign Bribery: Who Pays the Price?'.

Latin-American Regional Conference: Commitment and Co-operation in the Fight Against Corruption and Transnational Bribery

from 29-Sep-2008 to 30-Sep-2008

This conference aimed to reaffirm regional commitment to fighting corruption and upholding international standards, foster exchange of information and improve co-operation, and contribute to countries’ national anti-bribery strategies.

The Tenth Anniversary Celebration of the OECD Anti-Bribery Convention

from 20-Nov-2007 to 21-Nov-2007

On the occasion of the tenth anniversary celebration of the adoption of the Anti-Bribery Convention, signatory countries issued a statement reaffirming their commitment to fight bribery of foreign public officials in international business transactions.

Asia-Pacific countries strengthen cooperation in the fight against corruption

from 05-Sep-2007 to 07-Sep-2007

Government representatives and experts from some thirty countries and jurisdictions gathered in Bali, Indonesia, for an international seminar on Asset Recovery and Mutual Legal Assistance. Discussions focused on formal and informal measures to obtain international legal assistance across jurisdictions, particular as this assistance relates to the confiscation and recovery, from foreign jurisdictions, of assets obtained through corrupt practice.

Improving Governance and Fighting Corruption: New Frontiers in Public-Private Partnerships

from 14-Mar-2007 to 15-Mar-2007

Organised by the World Bank Institute, OECD, and the Belgian government, this two-day event centered on the challenges of creating good governance with the cooperation of the private sector. With more than 400 participants from countries around the world, this event integrated innovative use of technology with an interactive, results-oriented conference format with the hope of creating concrete recommendations for future work.



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