Legislation

OECD CONVENTION

The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions establishes legally binding standards to criminalise bribery of foreign public officials in international business transactions and provides for a host of related measures that make this effective. It is the first and only international anti-corruption instrument focused on the ‘supply side’ of the bribery transaction.

17 December 1997: Signature of the Convention

15 February 1999: Entry into force of the Convention

The 36 OECD countries and 8 non-OECD countries - Argentina, Brazil, Bulgaria, Colombia, Costa Rica, Peru, Russia and South Africa - have adopted this Convention.