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What does the OECD International Anti-Bribery Convention do? How does the Convention define the bribery of foreign public officials?
"The Convention obliges Parties to adopt national legislation that makes it a crime to bribe foreign public officials in international business transactions. It requires that bribery of foreign public officials be punishable, by effective, proportionate and dissuasive criminal penalties comparable to those applicable to their own public officials. It commits Parties to interpret territorial jurisdiction in as broad a manner as possible and to establish nationality jurisdiction if this is in accord with their legal system. Parties are obliged to establish corporate liability (the liability of “legal persons”) for foreign bribery, and where a Party’s legal system does not provide criminal liability for companies, the Party must apply effective, proportionate and dissuasive non-criminal sanctions to them. Furthermore, countries must facilitate mutual legal assistance and cannot invoke ""bank secrecy"" to deny mutual legal assistance."
Organization for Economic Cooperation & Development
http://www.oecd.org/home/0,2987,en_2649_201185_1_1_1_1_1,00.html
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