MOST BIG EXPORTERS FAILING TO CHECK FOREIGN BRIBERY

Channel News Asia on 12th September carried an article about a Transparency International report which says that countries that strictly enforce a worldwide pact against foreign bribery are far outnumbered and outweighed by those that turn a blind eye.  It alleged that 22 countries accounting for nearly 40% of global exports practice “little or no enforcement” of the OECD 1997 Anti-Bribery Convention, which requires signatories to criminalise bribery of foreign public officials.  The list includes China and India, but also signatories like Mexico, Japan or Finland.  Just 7 countries (accounting for 27% of global exports), the US, Germany, the UK, Italy, Switzerland, Norway and Israel are classed as “active” enforcers of the agreement
https://www.channelnewsasia.com/news/world/most-big-exporters-failing-to-check-foreign-bribery-report-10707288

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s