EXPORTING CORRUPTION PROGRESS REPORT 2020: ASSESSING ENFORCEMENT OF THE OECD ANTI-BRIBERY CONVENTION

On 13 October, Transparency International published a report which rates the performance of 47 leading global exporters, including 43 countries that are signatories to the OECD Anti-Bribery Convention, in cracking down on bribery of foreign public officials by companies operating abroad.  The report shows how well – or poorly – countries are following the rules.  The key findings include that –

·         Only 4 countries actively enforce against foreign bribery, which represents 16.5% of global exports, a decrease of more than one third (39%) since 2018;

·         Nearly every country has companies, employees, agents, intermediaries and facilitators involved in foreign bribery or related money laundering;

·         Most countries do not publish national statistics on foreign bribery enforcement;

·         Compensation of victims is rare;

·         International cooperation is increasing, but significant obstacles remain;

·         Significant weaknesses in laws and institutions hamper enforcement in nearly every country. Problems include weak or non-existent whistleblower protection, low sanctions, inadequate training of enforcement officials, insufficient resources and limited independence of enforcement authorities; and

·         There is inaction in China, Hong Kong SAR and India against foreign bribery and related money laundering. Singapore has taken only small steps

https://images.transparencycdn.org/images/2020_Report_ExportingCorruption_English.pdf

Articles already released and based on the Report include –

SWITZERLAND IMPROVES ANTI-BRIBERY RECORD

On 13 October, Swissinfo reported that Switzerland is one of the few countries to actively enforce efforts to combat bribery of foreign officials, according to the latest international comparison by Transparency International. But the NGO warns that the Alpine country still lacks strong whistleblower protections and has too many loopholes in its money laundering laws.

https://www.swissinfo.ch/eng/latest-news/switzerland-improves-anti-bribery-record/46093836

LITHUANIA SCORES POORLY IN FIGHTING BUSINESS BRIBERY ABROAD

On 13 October, LRT reported that Lithuania’s law enforcement is not doing its best to investigate corruption of Lithuanian companies operating abroad, according to a report by the NGO Transparency International.

https://www.lrt.lt/en/news-in-english/19/1252229/lithuania-scores-poorly-in-fighting-business-bribery-abroad-transparency-international

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

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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