In December 2014, the Organization for Cooperation and Economic Development (OECD) published its first-ever foreign bribery report. The OECD report compiled and evaluated data from all 41 signatory countries to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, between February 1999, when the OECD convention entered into force, and June 2014.1 This data covered 467 foreign bribery cases against 164 entities and 263 individuals.
Such a wide scope of anti-bribery enforcement data from across the globe has never before been collected. Below, we discuss the report’s key findings regarding global enforcement, who is paying bribes and who is receiving them, as well as how companies should use the findings in evaluating and refining their compliance risk assessments.
