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Minter Ellison Rudd Watts NewsForeign bribery in OECD countries 22 July 2009
The fifth edition of the annual Transparency International OECD Anti-bribery Convention Progress Report has been released and reveals that just four of 36 countries, party to the OECD Anti-Bribery Convention, are active enforcers.
Minter Ellison Rudd Watts expert Aaron Lloyd (Partner and Convenor of the Minter Ellison Rudd Watts’ White-Collar Practice Group) was proud to once again contribute to the annual Report that reveals that the majority of the world’s leading exporting nations are failing to fully enforce a ban on foreign bribery. We invite you to read the full OECD Anti-bribery Convention Progress Report 2009 here or to contact us for more information. Background In 1997, the member states of the OECD adopted the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Hailed as a landmark event in the fight against international corruption, the Convention represented a collective commitment to ban foreign bribery by the governments of the leading industrialised states, which account for the majority of global exports and foreign investment. The Convention entered into force in 1999 and now has 38 parties. 
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