International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" ""> <html xmlns="" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | BIS Issues Final Rule Implementing Australia Group... » | Export Administration Act Policy Hearing to be Hel... » | OFAC Issues June 2009 Monthly Civil Penalties Repo... » | Tennessee Professor Sentenced to 48 Months in Pris... » | Results of 2008 GSP Annual Review Announced » | Tennessee Professor Convicted of Export Control Vi... » | Guilty Plea in First FCPA Case Involving Vietnam » | Census Bureau Issues Important AES Export Complian... » | Antidumping Petition Filed Today on Woven Electric... » | CBP's 2009 Trade Symposium Set for December 2009 » 

July 07, 2009 

OECD Acknowledges Turkey's Progress in Combating Bribery

The Organization of Economic Cooperation and Development's (OECD) Working Group on Bribery recently issued a report (pdf) (the "Phase 2bis" report) addressing Turkey's progress in complying with the OECD Anti-Bribery Convention.

The report examined Turkey's progress in the following areas: (1) investigating and prosecuting allegations of bribing foreign public officials; (2) re-instating the liability of legal persons; and (3) awareness-raising by the Turkish Government.

The report noted that Turkey has taken "important steps" to address recommendations from the Working Group, including:

  • Two foreign bribery cases are currently under investigation, and Turkish officials have recently increased their efforts to gather information about allegations against Turkish companies in the 2005 Final Report of the Independent Inquiry Committee in the UN Oil-for-Food Programme.
  • A draft law re-introducing corporate liability for foreign bribery is currently under consideration by the Turkish Parliament.
  • Turkey has implemented a wide range of awareness-raising efforts, which appear to have significantly raised awareness in the business community about the prohibition against bribing foreign public officials in the Turkish Penal Code.

Despite this progress the OECD Working Group's noted that it remains concerned that Turkey continues to be in non-compliance with Article 2 of the Anti-Bribery Convention as long as companies are not liable for foreign bribery and recommended that Turkey urgently adopt the draft law on corporate liability.

The Working Group also recommended a peer review analysis of the new law on corporate liability once it is enacted and a further assessment of progress on foreign bribery investigations and prosecutions in December 2009.




Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed




  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News,".
  • ©2003-2015. All rights reserved.

Translate This Site

Powered by Blogger