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OECD Welcomes Russia's Intro of Law to Make Foreign Bribery a Crime

The Organization for Economic Cooperation and Development Secretary-General welcomed the Russian President's recent signing into law of legislation that criminalizes foreign bribery, with monetary sanctions for companies and individuals who bribe foreign public officials. He stated that this action paves…

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the way for Russia to join the OECD’s Anti-Bribery Convention and to become a member of the OECD’s Working Group on Bribery, which will be discussed in the next few days.