The Phase 2 Report on Chile by the Working Group on Bribery evaluates Chile’s implementation of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Overall, while the Working Group notes that Chile has recently engaged in efforts to implement the Convention, it is seriously concerned that Chile has not responded to key recommendations in the Working Group’s 2004 Phase 1 report on Chile. These recommendations relate to the liability of legal persons, sanctions, jurisdiction, bank secrecy and the definition of the foreign bribery offence. This report was approved and adopted by the Working Group on Bribery in International Business Transactions on 11 October 2007.
