Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

OECD: Lithuania making ‘significant’ strides to fight foreign bribery

Jaclyn Jaeger | January 16, 2018

Lithuania has made significant strides to strengthen its legislative framework to combat foreign bribery, but further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, according to a new report by the OECD Working Group on Bribery.

The 44-country OECD Working Group on Bribery recently completed its report on Lithuania's implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. The Working Group made recommendations to improve Lithuania's fight against foreign bribery, including:

  • Train investigators and prosecutors on confiscation, and take steps to ensure that law enforcement authorities and prosecutors routinely seek confiscation in foreign bribery cases;
  • Ensure that Lithuania’s Special Investigations Service is adequately resourced to carry out foreign bribery... To get the full story, subscribe now.