Bribery in International Business

The OECD fights bribery in international business to strengthen development, reduce poverty and bolster confidence in markets. The keystone to its efforts is the OECD Anti-Bribery Convention and the Convention's 2009 Anti-Bribery Recommendation. Permanent url: www.oecd.org/daf/nocorruption

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In support of its active enforcement efforts, Italy should urgently extend timeframe for prosecuting foreign bribery

12-Jan-2012

Italy should extend its statute of limitations to allow more time to prosecute and sanction companies and individuals in foreign bribery cases. The existing limit is the primary reason that significant enforcement efforts have led to only limited results, according to a new OECD report.

Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments

12-Jan-2012

Japan is still not actively detecting and investigating foreign bribery cases and, as a result, the enforcement of Japan’s anti-bribery law remains low, according to a new OECD report.

OECD recognises Switzerland’s commitment to the fight against foreign bribery and recommends further improvements

12-Jan-2012

The OECD Working Group on Bribery congratulates Switzerland on its first conviction of a company for foreign bribery and recommends that it continue its enforcement efforts, according to a new OECD report. However, the OECD is concerned that there has been only one other conviction, of an individual, for foreign bribery since Switzerland  enacted the offence in 2000.

Proceeds from bribery can- and must- be accurately calculated in order to impose appropriate penalties, finds a joint OECD/StAR Study

28-Nov-2011

Law enforcement must be able to impose appropriate penalties when companies bribe officials to win contracts or gain undue advantages. But calculating and confiscating the proceeds of this crime is difficult. To help governments meet this challenge, the OECD and the World Bank/UNODC Stolen Asset Recovery Initiative (StAR) released today a new study on the Identification and Quantification of the Proceeds of Bribery.

Corruption: Korea making notable progress on fighting foreign bribery; further improvements needed, says OECD

19-Oct-2011

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. Korea has successfully prosecuted nine foreign bribery cases since 2002; most of them involved the bribery of foreign military staff on Korean soil.

Corruption : The OECD acknowledges progress made, and says Mexico should further prioritise fighting foreign bribery

19-Oct-2011

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.

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