A news release from the OECD on 18 March advised that Costa Rica recently strengthened its anti-bribery laws by introducing corporate criminal liability. Despite this achievement, it says, loopholes in the definition of the foreign bribery offence and its enforcement raise significant concerns, according to a new report by the OECD Working Group on Bribery. The Working Group has just completed its Phase 2 evaluation of Costa Rica’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, and related instruments. The Group made further recommendations to improve Costa Rica’s fight against foreign bribery, including fully use of all available sources to detect foreign bribery, including the media and reporting by public officials, and encouraging companies to adopt anti-corruption compliance programmes.
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