Addressing the Challenges of International Bribery and Fair Competition 2003

By Evans, Donald L.

Book Id: WPLBN0000657696
Format Type: PDF eBook
File Size: 575.63 KB.
Reproduction Date: 2005

Title:	Addressing the Challenges of International Bribery and Fair Competition 2003
Author:	Evans, Donald L.
Volume:
Language:	English
Subject:	Trade, Import and export controls, Export controls--United States
Collections:	Export and Trade Collection
Historic Publication Date:
Publisher:	Federal Trade Commissionn (FTC)


Citation APA MLA Chicago Evans, D. L. (n.d.). Addressing the Challenges of International Bribery and Fair Competition 2003. Retrieved from http://self.gutenberg.org/

Description
Export and Trade Government Reference Document:

Excerpt
Executive Summary: This fifth annual report under the International Anti- Bribery and Fair Competition Act of 1998 (IAFCA) examines the progress that signatory countries have made in implementing and enforcing the Organization for Economic Cooperation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Antibribery Convention). All 35 signatories have enacted legislation to implement the convention, and two-thirds of these signatories have had these laws for more than three years. We understand that several countries have investigations under way and that one or two countries have prosecutions planned. However, except for the U.S. government, no other party has prosecuted a case of bribery of a foreign public official under its implementing legislation and obtained a conviction. Since July 1, 2002, the U.S. government has instituted several enforcement actions, 14 in the prior year.

Table of Contents
CONTENT Executive Summary...................................................................................................................v Major Findings................................................................................................................................................v Contents ..................................................................................................................................ix Introduction ..............................................................................................................................1 Background.....................................................................................................................................................2 Conclusion ......................................................................................................................................................3 Chapter 1: Ratification Status ..................................................................................................5 Brazil...............................................................................................................................................................5 Chile................................................................................................................................................................6 Turkey .............................................................................................................................................................6 Efforts to Encourage Implementation and Enforcement................................................................................6 Chapter 2: Review of National Implementing Legislation .....................................................8 Introduction.....................................................................................................................................................8 Concerns about Implementing Legislation.....................................................................................................8 Amendments to Implementing Legislation Described in Prior Reports .......................................................9 U.S. Implementing Legislation: FCPA............................................................................................................9 Ireland .............................................................................................................................................................9 Basic Statement of the Offense ..............................................................................................................10 Jurisdictional Principles.........................................................................................................................10 Coverage of Payor/Offeror .....................................................................................................................10 Coverage of Payee/Offeree .....................................................................................................................10 Penalties .................................................................................................................................................11 Books and Records Provisions...............................................................................................................11 Money Laundering ................................................................................................................................11 Extradition and Mutual Legal Assistance ..............................................................................................11 Complicity, Attempt, and Conspiracy ....................................................................................................12 Chapter 3: Review of Enforcement Measures .......................................................................13 Enforcement of National Implementing Legislation....................................................................................13 Enforcement in the United States...........................................................................................................14 Department of Justice Opinion Procedure.............................................................................................15 U.S. Efforts to Promote Public Awareness....................................................................................................16 Efforts of Other Signatories ..........................................................................................................................16 Monitoring Process for the Convention........................................................................................................16 OECD Monitoring .................................................................................................................................16 Phase II Reviews of Germany and Iceland .....................................................................................17 Germany ...................................................................................................................................17 Iceland ......................................................................................................................................18 Working Group Resources...............................................................................................................18 Monitoring of the Convention by the U.S. Government .......................................................................18