The 2021 OECD Anti-Bribery Recommendation: Advancing the frontier in the fight against foreign bribery
Mar 31, 2022 | 1:00 PM CEST - 2:30 PM CEST
Mar 31, 2022 | 1:00 PM CEST - 2:30 PM CEST
Description
On 9 December 2021, the OECD released the revised Recommendation on Further Fighting the Bribery of Foreign Public Officials in International Business Transactions. The Recommendation represents the latest and sharpest addition to the OECD’s toolbox for combating cross-border corruption, integrating lessons learned from the past 10 years of implementing the OECD Anti-Bribery Convention – including lessons learned during the COVID-19 pandemic. The Recommendation addresses key emerging topics essential to the effective fight against foreign bribery, including: addressing the demand side of foreign bribery; sanctions and confiscation; non-trial resolutions; international cooperation; protection of reporting persons; incentives for compliance; and data protection.
This session will focus on the responsibility we all have – governments, business, and citizens – to contribute to the fight against foreign bribery and how the revised Anti-Bribery Recommendation can foster this effort.