Of the five major international anti-bribery conventions, the Convention on Combating Bribery of Foreign Public Officials sponsored by the Organization for Economic Co-operation and Development (OECD), an international organization focused on global economic, social and governance issues, has had the greatest impact; this is principally due to its strong provisions for repeated peer review.
The 38 Parties, or country representatives, to the OECD Convention are put through their paces at regular intervals. They were required first to submit to a Phase 1 evaluation: a rigorous peer-review process that assessed each Party’s anti-bribery legislative framework and whether it satisfied the requirements of the Convention. In other words, to satisfy the OECD Working Group on Bribery at this stage, the parties were required to have a clear and well-written law criminalizing bribery of foreign public officials. Actual enforcement of the law was not reviewed during this phase.
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