OECD Anti-Bribery Convention

E451271

The OECD Anti-Bribery Convention is an international agreement that obliges signatory countries to criminalize and actively combat the bribery of foreign public officials in international business transactions.

All labels observed (2)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf OECD convention
international anti-corruption convention
multilateral treaty
adoptedBy Organisation for Economic Co-operation and Development NERFINISHED
adoptionDate 1997-11-21
aimsTo create a level playing field in international business by eliminating foreign bribery
articleCountApproximate 17 articles
category international treaty on business ethics
discourages tax deductibility of bribes to foreign public officials
enteredIntoForce 1999-02-15
focusesOn bribery of foreign public officials rather than domestic officials
supply side of bribery
fullName Convention on Combating Bribery of Foreign Public Officials in International Business Transactions NERFINISHED
geographicalScope global
hostOrganizationHeadquarters Paris, France NERFINISHED
language English
French
legalNature legally binding instrument
monitoringBody OECD Working Group on Bribery in International Business Transactions NERFINISHED
monitoringMechanism country evaluation reports
peer review system
negotiatedUnder OECD NERFINISHED
obligesParties to extradite persons for foreign bribery where applicable
to investigate and prosecute foreign bribery
to maintain jurisdiction over foreign bribery committed abroad by certain nationals or entities
to maintain jurisdiction over foreign bribery committed in whole or in part in their territory
to provide mutual legal assistance in foreign bribery cases
openedForSignature 1997-12-17
partyType OECD member states NERFINISHED
non-OECD states adhering to the convention
primaryObjective combat bribery of foreign public officials in international business transactions
prohibits bribery of foreign public officials to obtain or retain business or other improper advantage
relatedInstrument OECD Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions NERFINISHED
United Nations Convention against Corruption NERFINISHED
requires accounting and auditing standards that prevent bribery-related practices
criminalization of bribery of foreign public officials
effective detection and reporting of foreign bribery
effective enforcement of foreign bribery laws
establishment of effective, proportionate and dissuasive sanctions for foreign bribery
liability of legal persons for foreign bribery
protection of the confidentiality of investigations
scopeIncludes active bribery of foreign public officials
bribery in international business transactions
shortName OECD Anti-Bribery Convention NERFINISHED
subjectMatter anti-corruption
criminal law harmonization
international economic law

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Foreign Corrupt Practices Act relatedTo OECD Anti-Bribery Convention
OECD Working Group on Bribery in International Business Transactions legalBasis OECD Anti-Bribery Convention
this entity surface form: OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions
OECD Anti-Bribery Convention monitoring reports appliesTo OECD Anti-Bribery Convention