OECD Urges Gov'ts to Step Up Enforcement Against Bribery & Corruption
The Organization for Economic Cooperation and Development has released a report stating that most governments are not meeting their international commitments to clamp down on bribery and corruption in international business as many have yet to sanction any individual or…
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company. At an April 27-28 anti-corruption conference, OECD Secretary-General Gurría will urge ministers and business leaders to step up enforcement and compliance with the anti-bribery treaty to be in line with the G-20's November 2010 Anti-Corruption Action Plan, which called on G20 countries not Party to the Anti-Bribery Convention (China, India, Indonesia, Russia and Saudi Arabia) to work more closely with the OECD or join the Convention.