OECD: LITHUANIA HAS MADE REFORMS TO FIGHT FOREIGN BRIBERY AND SHOULD NOW ENSURE EFFECTIVE ANTI-BRIBERY ENFORCEMENT

On 18th December the OECD said in a news release that Lithuania has taken significant steps to strengthen its legislative framework to combat foreign bribery.  However, it said further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, including confiscation, according to a new report by the OECD Working Group on Bribery. 

http://www.oecd.org/newsroom/lithuania-has-made-significant-legislative-reforms-to-fight-foreign-bribery-and-should-now-ensure-effective-anti-bribery-enforcement.htm

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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