OECD Working Group on Bribery Issues Report Commending United States for Maintaining Leading Role in the Fight Against Transnational Corruption
The OECD Working Group on Bribery commended the U.S. for enforcing the FCPA between 2010 and 2019, resulting in 174 corporate and 115 individual sanctions for foreign bribery, highlighting enhanced resources, non-trial resolutions, and cooperation incentives as key to its global leadership.
Between September 2010 and July 2019, U.S. authorities, through the SEC and DOJ, secured 174 corporate and 115 individual sanctions for foreign bribery and related offenses under the Foreign Corrupt Practices Act (FCPA). The OECD Working Group’s Phase 4 Report praised this surge in enforcement, attributing it to increased investigative expertise, broader application of charges, effective use of deferred prosecution agreements, and clear policies incentivizing corporate cooperation. While the report does not name specific entities or impose new penalties, it affirms the U.S. as a global leader in combating foreign bribery.
The OECD Working Group on Bribery issued its Phase 4 Report on the United States, applauding the country’s sustained and outstanding enforcement of the Foreign Corrupt Practices Act (FCPA) between September 2010 and July 2019. During this period, U.S. authorities secured 174 corporate and 115 individual sanctions for foreign bribery and related offenses, marking a significant increase since the prior Phase 3 review in 2010. The report credits this success to enhanced investigative resources, the broader application of charges beyond just FCPA violations, and the effective use of non-trial resolution mechanisms such as deferred prosecution agreements. It also highlights the development of transparent policies that incentivize companies to cooperate with law enforcement, including self-reporting and implementing compliance reforms. While the report does not name specific companies or individuals under investigation or impose new penalties, it serves as a comprehensive endorsement of the U.S. enforcement framework. The OECD Working Group, composed of 44 signatory nations, conducts peer reviews to monitor compliance with the OECD Anti-Bribery Convention and fosters international coordination among law enforcement agencies. This report underscores the U.S. role as a global leader in the fight against foreign public official bribery.
Extracted insights
- agency Department of Justice
- company oecd working group
- agency Securities and Exchange Commission
- location United States
- OECD Working Group On Bribery issued Phase 4 Report Of The United States
- SEC announced Phase 4 Report
- U.S. Department Of Justice announced Phase 4 Report
- Phase 4 Report focuses on United States' enforcement of Foreign Corrupt Practices Act
- OECD Working Group applauded United States for sustained and outstanding commitment to enforcing foreign bribery laws
- United States convicted or sanctioned 174 companies and 115 individuals for foreign bribery under FCPA between September 2010 and July 2019
- SEC contributed to conviction or sanction of 174 companies and 115 individuals for foreign bribery
- Justice Department contributed to conviction or sanction of 174 companies and 115 individuals for foreign bribery
- OECD Working Group established in 1994
- OECD Working Group monitors implementation and enforcement of OECD Convention on Combating Bribery of Foreign Public Officials
- OECD Working Group comprises representatives from 44 countries that are signatories to OECD Convention
- OECD Working Group meets four times per year
The Working Group on Bribery of the Organisation for Economic Co-operation and Development (OECD Working Group) issued its Phase 4 Report of the United States today, announced the Securities and Exchange Commission and the U.S. Departments of Justice, Commerce, and State. The Phase 4 Report is part of the OECD Working Group’s peer monitoring process and focuses primarily on the United States’ enforcement of its foreign bribery statute, the Foreign Corrupt Practices Act (FCPA), and was issued following a year-long review that included a series of interviews with government, private sector, academic, and civil society experts. In releasing the report, the 44-country OECD Working Group applauded the United States for its sustained and outstanding commitment to enforcing its foreign bribery laws. The report highlights the United States’ increasing foreign bribery enforcement level since the OECD Working Group’s Phase 3 Report in 2010. As provided in the Phase 4 Report, between September 2010 and July 2019, through the SEC and Justice Department's efforts, the United States convicted or sanctioned 174 companies and 115 individuals for foreign bribery and related offences under the FCPA. The report indicates that this achievement resulted from a combination of enhanced expertise and resources to investigate and prosecute foreign bribery, the enforcement of a broad range of offences in foreign bribery cases, the effective use of non-trial resolution mechanisms, and the development of published policies to incentivize companies’ cooperation with law enforcement agencies. Established in 1994, the OECD Working Group is responsible for monitoring the implementation and enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, the 2009 Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions, and related instruments. Made up of representatives from the 44 countries that are signatories to the OECD Convention, the OECD Working Group meets four times per year, conducts peer-review country monitoring in successive phases, and publishes all of its country monitoring reports online. The OECD Working Group has been instrumental in leading global efforts to fight the bribery of foreign officials. Further, the OECD Working Group’s law enforcement officers’ meetings serve an important role in fostering contacts between global law enforcement officials who focus on foreign bribery matters.
The Working Group on Bribery of the Organisation for Economic Co-operation and Development (OECD Working Group) issued its Phase 4 Report of the United States today, announced the Securities and Exchange Commission and the U.S. Departments of Justice, Commerce, and State. The Phase 4 Report is part of the OECD Working Group’s peer monitoring process and focuses primarily on the United States’ enforcement of its foreign bribery statute, the Foreign Corrupt Practices Act (FCPA), and was issued following a year-long review that included a series of interviews with government, private sector, academic, and civil society experts. In releasing the report, the 44-country OECD Working Group applauded the United States for its sustained and outstanding commitment to enforcing its foreign bribery laws. The report highlights the United States’ increasing foreign bribery enforcement level since the OECD Working Group’s Phase 3 Report in 2010. As provided in the Phase 4 Report, between September 2010 and July 2019, through the SEC and Justice Department's efforts, the United States convicted or sanctioned 174 companies and 115 individuals for foreign bribery and related offences under the FCPA. The report indicates that this achievement resulted from a combination of enhanced expertise and resources to investigate and prosecute foreign bribery, the enforcement of a broad range of offences in foreign bribery cases, the effective use of non-trial resolution mechanisms, and the development of published policies to incentivize companies’ cooperation with law enforcement agencies. Established in 1994, the OECD Working Group is responsible for monitoring the implementation and enforcement of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, the 2009 Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions, and related instruments. Made up of representatives from the 44 countries that are signatories to the OECD Convention, the OECD Working Group meets four times per year, conducts peer-review country monitoring in successive phases, and publishes all of its country monitoring reports online. The OECD Working Group has been instrumental in leading global efforts to fight the bribery of foreign officials. Further, the OECD Working Group’s law enforcement officers’ meetings serve an important role in fostering contacts between global law enforcement officials who focus on foreign bribery matters.