A Global Standard for Compliance and Ethics Programs? Analysis of Oecd Anti-Corruption Recommendations Suggests Legal Harmony May yet Come. Companies Need to Begin Preparing.
U.S. Newswire › March 24, 2010
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Summary
MINNEAPOLIS, March 24 /PRNewswire-USNewswire/ -- Companies may not be aware of it yet, but they should implement strict internal controls as well as institute ethics and compliance programs to help fight against bribery in international business deals. Beginning in March 2010, the Organization for Economic Cooperation and Development (OECD) Working Group on Bribery, which is made up of representatives from the 38 nations listed below, will monitor countries' progress in encouraging their companies to implement the OECD's Good Practice Guidance on Internal Controls, Ethics and Compliance.
The following 38 countries have agreed to put in place new measures that will reinforce their efforts to prevent, detect and investigate foreign bribery.See the full content of this document
Extract
A Global Standard for Compliance and Ethics Programs? Analysis of Oecd Anti-Corruption Recommendations Suggests Legal Harmony May yet Come. Companies Need to Begin Preparing.
30 OECD "Member Countries":
AustraliaAustriaBelgiumCanadaCzech RepublicDenmarkFinlandFranceGermanyGreeceHungaryIcelandIrelandItalyJapanKoreaLuxembourgMexicoThe Nether...See the full content of this document
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