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The OECD Convention on Bribery established an international
standard for compliance with anti-corruption rules, and has
subsequently been adopted by the thirty-four OECD members and six
non-member countries. As a result of the Convention and national
implementation laws, companies and managers now risk tough
sanctions if they are caught bribing foreign officials. The UK
Bribery Act 2010 is only one example of this development. The
second edition of this, the only commentary on the Convention,
provides law practitioners, company lawyers and academic
researchers with comprehensive guidance on the OECD standards. It
includes case examples as well as the FCPA Resource Guide 2012 and
the 2009 OECD Recommendation for Further Combating Bribery of
Foreign Public Officials with Annexes I and II.
The OECD Convention is the first major international treaty
specifically to address 'supply-side bribery' by sanctioning the
briber. The OECD Convention establishes an international standard
for compliance with anti-corruption rules by 36 countries,
including the 30 OECD members and six non-member countries, with
the leading OECD exporting countries receiving particular
attention. This book is an article-by-article commentary which
gives particular attention to the results of the OECD monitoring
process as applied to state implementation. Companies in particular
are at ever greater risk of legal and 'reputational' damage
resulting from failure to comply with the anti-corruption standards
set inter alia, by the OECD Convention. This book provides them
with comprehensive guidance on the OECD standards. The commentary
also constitutes a significant work of comparative criminal law. It
is written and edited by persons who include experts involved in
development of the Convention standards as well as academics and
legal practitioners.
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