Term:
OECD Anti-Bribery Convention
Definition:
This Convention, and other related OECD international legal instruments, require that all 30 OECD countries and six non-OECD economies implement a comprehensive set of legal, regulatory and policy measures to prevent, detect, investigate, prosecute, and sanction the bribery of foreign public officials. The Convention came into force in 1999.
Domain:
Industry
Source:
OECD Glossary