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The OECD Anti-Bribery Convention establishes legally binding standards to criminalise bribery of foreign public officials in international business transactions and provides for a host of related measures that make this effective. It is the first and only international anti-corruption instrument focused on the "supply side" of the bribery transaction. The Convention is an agreement among 40 major exporting countries to stop the practice of bribing foreign governments.
The mission of the Organisation for Economic Co-operation and Development (OECD) is to promote policies that will improve the economic and social well-being of people around the world. The ABC-officially the "OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions"-is one of the OECD projects.
The OECD Working Group on Bribery in International Business Transactions (Working Group) is responsible for monitoring the implementation and enforcement of the OECD Anti-Bribery Convention. The Working Group is made up of representatives from the 40 States Parties to the Convention, as well as Latvia, which is in the process of acceding to the Convention, and meets four times per year in Paris. The OECD Working Group on Bribery publishes data on enforcement by the Parties in its annual reports.
Transparency International's annual report on foreign bribery enforcement presents an independent assessment on the status of enforcement in all of the 40 Parties to the Convention. Results of the TI report and the Working group report to date are basically similar - both indicate that in half of the countries there is little or no enforcement against foreign bribery and show that Germany, the United Kingdom and the United States have the most active enforcement.