Combating bribery/ To heighten awareness of foreign bribery

Last month, the OECD’s working group on bribery published its assessment of France’s response to its highly critical phase 3 monitoring report. It doesn’t make pretty reading for the hosting country.

It highlights “the authorities’ lack of initiative in cases involving French enterprises and proven or presumed instances of foreign bribery” and puts into context recent and severe international enforcement actions against French companies.

The assessment follows up on the OECD’s October formal declaration that France was not sufficiently in compliance with the OECD Convention and its request for expeditious implementation.

OECD to France: When will enforcement start?