Share

Sweden

OECD says Swedish progress combatting foreign bribery insufficient to warrant Phase 4 evaluation

 

19/12/2017 - The next review of Sweden’s implementation of the OECD Anti-Bribery Convention, which was scheduled for October 2018, has been delayed until 2019. This is due to the fact that Sweden has not yet enacted legislation to urgently address remaining recommendations to reform its laws on corporate liability for the bribery of foreign public officials. The Swedish authorities expect that a final bill to address the Working Group’s key unimplemented recommendations will be presented to Parliament in March 2019 and adopted in spring 2019 at the earliest.  The Working Group’s recommendations, which date from 2012, remain unimplemented despite repeated calls for action.

 

The Working Group recommended that Sweden raise the maximum fine for corporations that engage in international bribery, which is only 10 million Swedish Krona (approximately 1.2 million Euros), an amount considered inadequate in view of the size of the Swedish economy, sectors of business activity, and trade and investment partners. The Working Group is concerned that in practice companies may not be held liable for foreign bribery unless individuals are prosecuted and convicted. This practice is not always appropriate, such as when individuals have absconded or died. The Working Group stresses its recommendation that Sweden ensure that companies can be held responsible for international bribery committed by employees under the direction or authorisation of senior managers, or when senior managers fail to prevent employees from bribing. The current law also contains potential loopholes that could enable Swedish companies to avoid liability by using foreign nationals to engage in bribery.

 

The Working Group has decided, following an invitation from Sweden, to send a high-level mission to Stockholm in 2018 to meet with senior officials to reinforce the message that Sweden must adopt the recommended reforms. The Working Group expects that it will also have an opportunity to meet with Members of Parliament to convey the urgency of the needed reforms, and that they must meet the standards under the Anti-Bribery Convention.

 

For further information, journalists are invited to contact Daisy Pelham of the OECD Anti-Corruption Division ([email protected]; +33 (0) 1 45 24 90 81).

 

For more information on the implementation of the OECD Anti-Bribery Convention in Sweden, please visit: http://www.mxjevk.cn/daf/anti-bribery/sweden-oecdanti-briberyconvention.htm

 

Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.

 

Related Documents

 

21点点数一样怎么算 搜狐三分彩是正规的吗 怎么买股票赚钱 广西快三3软件下载 下载辽宁十一选五走势图 11选五5开奖结果,吉林 青海十一选开奖结果 辽宁福彩35选7开奖结果129期 股票融资费用计算 精准平特一肖免费资料大全 时时乐餐厅菜单价格 秒速赛车开奖结果盛兴 快乐10分买四个怎么中奖 江苏11选五开奖结果 福少时时彩计划软件 快乐十分公式计算 福建22选5几点开奖