IBA to host OECD Foreign Bribery Report – The Legal Profession Perspective – London

The International Bar Association (IBA)is to host the London launch of the recently published OECD (Organisation for Economic Co-operation and Development) Foreign Bribery Report on 23 January 2015 at Holborn Bars, from 15h45 – 18h00. The Report’s creators, together with leading experts in the field of anti-corruption, will discuss the findings of the Report and the next steps needed to combat the crime of transnational bribery.

Participants of the launch event, entitled OECD Foreign Bribery Report – The Legal Profession Perspective – London, will include:

  • Mr William Danvers Deputy Secretary-General, OECD
  • David W Rivkin IBA President
  • Nicola Bonucci Director for Legal Affairs, OECD
  • Robert Wyld Co-Chair, IBA Anti-Corruption Committee
  • Patrick Moulette Head, OECD Anti-corruption Division
  • Massimo Mantovani Director of Legal Affairs, ENI
  • Leah Ambler Legal Analyst,OECDAnti-Corruption Division; Secretary, IBA Anti-Corruption Committee
  • Sam Eastwood Partner, Norton Rose Fulbright LLP

Ahead of the London launch, OECD Deputy Secretary-General Mr Danvers said, ‘Everyone pays a price in the world of bribery and corruption. Ordinary citizens suffer the most when the services they depend on are eroded or otherwise undermined because of corruption. But perhaps most profoundly: it has a very negative impact on the trust between a government and the governed. And it is trust and the rule of law that distinguishes nations that work from those that don’t.’

The ground-breaking OECD Foreign Bribery Report, attempts, for the first time, to measure the crime of transnational corruption. It provides the narrative of who is doing the bribing, who is receiving the bribes, how bribes are being paid, the cost of bribes, the why and where, and also in which jurisdictions the bribers are being punished.

Based on analysis of data emerging from foreign bribery enforcement actions, concluded since the entry into force of the OECD Anti-Bribery Convention in 1999, the Report was prepared to support the OECD Working Group on Bribery and the G20 Anti-Corruption Working Group in their efforts to combat foreign bribery.

The Co-Chair of the IBA’s Anti-Corruption Committee Robert Wyld said, ‘In recent years, the enforcement of foreign corrupt practices has become a high priority for regulators across the world. Corporations face colossal fines, disgorgement of profits and potential disbarment from public procurement contracts, while individuals face imprisonment. The OECD Foreign Bribery Report is a timely document that reminds us all that corporate management is often intimately involved in corruption for commercial gain and that shining a light on the damage done by corrupt conduct will aid governments, companies and civil society alike to understand and battle better the crime of cross-border bribery.’

The launch event: OECD Foreign Bribery Report –The Legal Profession Perspective – London, will include an audience question and answers segment and will takeplace on Friday 23 January 2015 at Holborn Bars, 138–142 Holborn, London, EC1N 2NQfrom15h45–18h00, followed by a drinks reception.

The event is free to attend, but registration is essential. Click here to register attendance.

ENDS

Notes to the Editor

  1. The OECD Foreign Bribery Report is available at www.oecd.org/daf/oecd-foreign-bribery-report-9789264226616-en.htm.
     
  2. The International Bar Association (IBA), established in 1947, is the world’s leading organisation of international legal practitioners, bar associations and law societies. Through its global membership of individual lawyers, law firms, bar associations and law societies it influences the development of international law reform and shapes the future of the legal profession throughout the world.

  3. The Organisation for Economic Co-operation and Development (OECD), established in 1961, promotes policies that will improve the economic and social well-being of people around the world. It provides a forum in which governments can work together to share experiences and seek solutions to common problems, and works with governments to understand what drives economic, social and environmental change. The OECD measures productivity and global flows of trade and investment, analyses and compares data to predict future trends, and sets international standards on a wide range of things, from agriculture and tax to the safety of chemicals.

For further information please contact:

Romana St. Matthew - Daniel
Press Office
International Bar Association

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