The OECD has been a successful international standard-setter for over 50 years, and we have developed a wealth of experience and best practice in achieving international cooperation and coordination. But to bring international law into the 21st century we need a global dialogue, a multi-stakeholder debate on the way forward.
Global corruption is one of the greatest challenges of our era: it distorts markets, weakens our governments, raises the costs of doing business, promotes inequalities and erodes our sustainable development efforts, said OECD Secretary-General at Chatham House.
"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."
We recently received assurances from the highest levels of the UK government that they would issue guidance which would allow the UK’s Bribery Act 2010 to enter into force,” said OECD Secretary-General Angel Gurría.
The OECD’s Working Group on Bribery has today received assurances from the highest levels of the UK government that the guidance necessary to implement the nation’s Bribery Act 2010 will be published shortly.
OECD Secretary-General Angel Gurría today welcomed the passage into law of the UK Bribery Bill.
The OECD is pleased to see the commitment being made by the UK government to the fight against foreign bribery,” Mr Gurría said.