OECD Holds Consultation on Fighting Foreign Bribery
The Organisation for Economic Cooperation and Development (OECD) Working Group on Bribery (WGB) holds consultations with business, trade unions, and civil society every year.
These consultations provide an opportunity for the WGB to receive inputs from all the stakeholders that have an interest in its work program. This year, the consultation will be held Tuesday (December 11) at OECD Conference Centre in Paris.
It will consist of a two-hour general consultation on selected issues proposed by consultation partners and by WGB delegations. It will end with a one hour special consultation on ‘Transparency in concluded foreign bribery cases: How much and what kind?’.
The consultation will also provide an opportunity to launch an OECD study that explores whether there is a “flip side” to enforcement actions that ended in sanctions for the supply-side of a foreign bribery transaction.
[ The Integrity Bulletin Launched to Cover Corruption Issues ]
The OECD Anti-Bribery Convention is the foremost global legal instrument for fighting the supply side of foreign bribery. The supply side of foreign bribery relates to what bribers do – it involves offering, promising or giving a bribe to a foreign public official to obtain an improper advantage in international business. In contrast, the demand side of foreign bribery refers to the offence committed by public officials who are bribed by foreign persons.
The OECD Anti-Bribery Convention is leading global efforts to fight the crime of foreign #bribery. Find out how ⚖ https://t.co/NLVHHF3BVP
Let’s stand #UnitedAgainstCorruption pic.twitter.com/1RJNn2P7O7
— OECD BusinessFinance (@OECD_BizFin) December 9, 2018
The study will be launched on 11 December 2018 at the OECD Working Group on Bribery’s annual consultation with the private sector and civil society.
Photo: OECD
