International bribery

International bribery, also known as foreign bribery, refers to the payment of bribes by companies or individuals to foreign public officials. The OECD Anti-bribery Convention is the main legal instrument for tackling international bribery. It requires parties to make it a criminal offence to bribe a foreign public official in order to obtain improper advantage in international trade and investment. The Convention entered into force in February 1999. Its 37 parties represent the majority of the world's exporters.  


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