Political will is lacking, says new report on OECD Convention
The majority of the world’s leading exporting countries are failing to fully enforce a ban on foreign bribery, according to a report published today by Transparency International (TI).
TI’s report shows that only four out of 36 countries evaluated are actively enforcing the OECD Anti-Bribery Convention to which they are party. There is moderate enforcement in 11 other countries and little to no enforcement in 21 countries. Such uneven enforcement jeopardises the success of the Convention. Enforcement by all parties must be accelerated or the Convention will ultimately fail.
“Political will must be at the heart of efforts to deliver on anti-bribery,” said Cobus de Swardt, Managing Director at TI. “Especially in the current global recession when businesses face acute pressure to win declining orders. Accelerated enforcement is needed to ensure fair competition.”
See full Press Release.
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