The OECD Working Group has launched its fourth phase of monitoring the implementation of the OECD Anti-Bribery Convention in Colombia and is seeking inputs to inform the evaluation process.
The OECD Anti-Bribery Convention establishes legally binding obligations on its 46 Parties to criminalise the bribery of foreign public officials in international business transactions. Each of the countries Party to the Convention is subject to a careful peer review monitoring process conducted by the OECD Working Group on Bribery.
Phase 4 looks at the evaluated country’s particular challenges and positive achievements. It also explores issues such as detection, enforcement, corporate liability, and international co-operation, as well as unresolved issues from prior reports.