The Organisation for Economic Co-operation and Development (OECD) this week lauded U.S. enforcement authorities for continuing to be at the forefront in the global fight against corruption and offered only minor suggestions for improvements, like enhancing whistleblower protections and being more transparent in settlement agreements in foreign bribery matters.
The Phase 4 monitoring report on the United States by the 44 member countries of the OECD Working Group on Bribery evaluates and makes recommendations on the United States’ implementation and enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. It also details the United States’ challenges and progress in this regard, particularly regarding enforcement of its main anti-bribery law, the Foreign Corrupt Practices Act (FCPA). The long-awaited report follows a year-long peer review, including interviews with the public and private sector, media, and civil society experts.
