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How effective is the OECD International Anti-Bribery Convention?
The Convention is effective in its overall aim of developing an “anti-corruption culture”. The most critical element of this aim is the political will to fight corruption on all fronts. Indeed, several countries have amended their legislation following the recommendations of the OECD Working Group on Bribery. Recommendations may include amending an offence to bring it into conformity with the Convention, repealing a defence not contemplated by the Convention or lengthening the statute of limitations. By promoting high standards, the Convention has contributed to the global fight against corruption, and levelling the competitive playing field for companies doing trans-border business.
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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