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How does the OECD International Anti-bribery Convention work/Who ensures that it is effectively implemented?
"Each country must adopt the necessary national legislation to criminalise the bribery of foreign public officials and address related obligations under the Convention. Examples of such obligations include insisting on corporate responsibility for the offence, sanctioning the laundering of the bribe and the proceeds of foreign bribery, penalising related accounting omissions and falsifications, providing mutual legal assistance and extradition. Every participating country has an interest in ensuring that all other partners in the Convention are living up to their obligations. This is done through monitoring and surveillance procedures that are carried out by the OECD Working Group on Bribery, made up of all Parties. This is a rigorous process that takes place in two phases. Phase 1 evaluates the adequacy of countries’ legislation to implement the Convention. Phase 2 assesses whether a country is applying this legislation effectively. The Working Group evaluates each country’s performance and makes recommendations that are forwarded to the Government of each participating country."
Organization for Economic Cooperation & Development
http://www.oecd.org/home/0,2987,en_2649_201185_1_1_1_1_1,00.html
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