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Report: Most Countries Lag in Anti-Corruption Enforcement

Jaclyn Jaeger | November 4, 2014

International efforts to tackle bribery and corruption are lagging, creating significant legal and compliance risks for companies around the world, according to a recent report from anti-corruption group Transparency International.

Every year TI monitors progress on the OECD’s Anti-Bribery Convention and what enforcement efforts countries are taking. Its latest report shows that, fifteen years after Convention entered into force, only four of 41 OECD member countries—United States, United Kingdom, Germany, and Switzerland—are actively investigating and prosecuting companies for bribery and corruption violations. Together they account for 23.1% of world trade, TI said.

In all, these four countries completed 225 bribery cases and launched 57 new bribery cases from 2010 to 2013, according to TI. The other 35 countries reviewed by TI completed 20...

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