Transnational bribery enforcement under the U.S. Foreign Corrupt Practices Act (FCPA) has increased significantly since the last OECD evaluation of the implementation of the OECD Anti-Bribery Convention by the United States, according to a new OECD report. But effectiveness could also be enhanced, including by taking into consideration private sector views in the United States’ periodic review of its policies and approach on facilitation payments.
Since 2002, 71 individuals and 88 enterprises have been held accountable, criminally and civilly, for transnational bribery. The U.S. has also achieved record penalties for FCPA violations during this period, including, in one case, USD 800 million against a single company.
In the context of its regular cycle of reviews, the 38-country OECD Working Group on Bribery has just completed the first review of a new phase of peer review mechanism, evaluating the United States enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.
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