OECD: MAJOR ACHIEVEMENTS BY FRANCE IN THE FIGHT AGAINST FOREIGN BRIBERY NEED TO BE PRESERVED THROUGH ESSENTIAL LEGISLATIVE REFORMS AND A SUBSTANTIAL REINFORCEMENT OF RESOURCES

A news release from the OECD on 16 December advised that the OECD Working Group on Bribery has just completed its Phase 4 evaluation of France’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.  It welcomes the significant increase in the number of investigations opened, as well as foreign bribery cases concluded (14 cases since 2012).  These enforcement efforts have resulted in sanctions for 19 natural persons and 23 legal persons. Of these 14 cases, 5 were resolved using a new non-trial resolution mechanism CJIP.  However, the number of cases detected and resolved remains relatively low in light of France’s economic situation and trade profile and the number of foreign bribery allegations reported in the media.

https://www.oecd.org/newsroom/france-s-achievements-in-the-fight-against-foreign-bribery-need-to-be-preserved-through-legislative-reforms-and-a-reinforcement-of-resources.htm

https://www.oecd.org/daf/anti-bribery/France-Phase-4-Report-EN.pdf

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