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Copyright © International Chamber of Commerce (ICC). All rights reserved. ( Source of the document: ICC Digital Library )
On 21 November 1997, OECD Member countries and five non-member countries, Argentina, Brazil, Bulgaria, Chile and the Slovak Republic, adopted a Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Signature of the Convention took place in Paris on 17 December 1997.
PREAMBLE
The Parties
Considering that bribery is a widespread phenomenon in international business transactions, including trade and investment, which raises serious moral and political concerns, undermines good governance and economic development, and dis- torts international competitive conditions;
Considering that all countries share a responsibility to combat bribery in international business transactions;
Having regard to the Revised Recommendation on Combating Bribery in International Business Transactions, adopted by the Council of the Organisation for Economic Cooperation and Development (OECD) on 23 May 1997, C(97)123/FINAL, which, inter alia, called for effective measures to deter, prevent and combat the bribery of foreign public officials in connection with international business transactions, in particular the prompt criminalisation of such bribery in an effective and co- ordinated manner and in conformity with the agreed common elements set out in that Recommendation and with the jurisdictional and other basic legal principles of each country;
Welcoming other recent developments which further advance international under- standing and co-operation in combating bribery of public officials, including actions of the United Nations, the World Bank, the International Monetary Fund, the World Trade Organisation, the Organisation of American States, the Council of Europe and the European Union;
Welcoming the efforts of companies, business organisations and trade unions as well as other non-governmental organisations to combat bribery;
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Recognising the role of governments in the prevention of solicitation of bribes from individuals and enterprises in international business transactions;
Recognising that achieving progress in this field requires not only efforts on a national level but also multilateral co-operation, monitoring and follow-up;
Recognising that achieving equivalence among the measures to be taken by the Parties is an essential object and purpose of the Convention, which requires that the Convention be ratified without derogations affecting this equivalence;
Have agreed as follows:
Article 1 – The Offence of Bribery of Foreign Public Officials
Article 2 – Responsibility of Legal Persons
Each Party shall take such measures as may be necessary, in accordance with its legal principles, to establish the liability of legal persons for the bribery of a foreign public official.
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Article 3 – Sanctions
Article 4 – Jurisdiction
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Article 5 – Enforcement
Investigation and prosecution of the bribery of a foreign public official shall be subject to the applicable rules and principles of each Party. They shall not be influenced by considerations of national economic interest, the potential effect upon relations with another State or the identity of the natural or legal persons involved.
Article 6 – Statute of Limitations
Any statute of limitations applicable to the offence of bribery of a foreign public official shall allow an adequate period of time for the investigation and prosecution of this offence.
Article 7 – Money Laundering
Each Party which has made bribery of its own public official a predicate offence for the purpose of the application of its money laundering legislation shall do so on the same terms for the bribery of a foreign public official, without regard to the place where the bribery occurred.
Article 8 – Accounting
Article 9 – Mutual Legal Assistance
Article 10 – Extradition
Article 11 – Responsible Authorities
For the purposes of Article 4, paragraph 3, on consultation, Article 9, on mutual legal assistance and Article 10, on extradition, each Party shall notify to the Secretary-General of the OECD an authority or authorities responsible for making and receiving requests, which shall serve as channel of communication for these matters for that Party, without prejudice to other arrangements between Parties.
Article 12 – Monitoring and Follow-up
The Parties shall co-operate in carrying out a programme of systematic follow-up to monitor and promote the full implementation of this Convention. Unless otherwise decided by consensus of the Parties, this shall be done in the frame- work of the OECD Working Group on Bribery in International Business Transactions and according to its terms of reference, or within the framework[Page231:]and terms of reference of any successor to its functions, and Parties shall bear the costs of the programme in accordance with the rules applicable to that body.
Article 13 – Signature and Accession
Article 14 – Ratification and Depositary
This Convention is subject to acceptance, approval or ratification by the Signatories, in accordance with their respective laws.
Instruments of acceptance, approval, ratification or accession shall be deposited with the Secretary-General of the OECD, who shall serve as Depositary of this Convention.
Article 15 – Entry into Force
1. This Convention shall enter into force on the sixtieth day following the date upon which five of the ten countries which have the ten largest export shares (see annex), and which represent by themselves at least sixty per cent of the combined total exports of those ten countries, have deposited their instruments of acceptance, approval, or ratification. For each signatory depositing its instrument after such entry into force, the Convention shall enter into force on the sixtieth day after deposit of its instrument.
2. If, after 31 December 1998, the Convention has not entered into force under paragraph 1 above, any signatory which has deposited its instrument of acceptance, approval or ratification may declare in writing to the Depositary its readiness to accept entry into force of this Convention under this paragraph 2. The Convention shall enter into force for such a signatory on the sixtieth day following the date upon which such declarations have been deposited by at least two signatories. For each signatory depositing its declaration after such entry into force, the Convention shall enter into force on the sixtieth day following the date of deposit.
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Article 16 – Amendment
Any Party may propose the amendment of this Convention. A proposed amendment shall be submitted to the Depositary, which shall communicate it to the other Parties at least sixty days before convening a meeting of the Parties to con- sider the proposed amendment. An amendment adopted by consensus of the Parties, or by such other means as the Parties may determine by consensus, shall enter into force sixty days after the deposit of an instrument of ratification, acceptance or approval by all of the Parties, or in such other circumstances as may be specified by the Parties at the time of adoption of the amendment.
Article 17 – Withdrawal
A Party may withdraw from this Convention by submitting written notification to the Depositary. Such withdrawal shall be effective one year after the date of the receipt of the notification. After withdrawal, co-operation shall continue between the Parties and the Party which has withdrawn on all requests for assistance or extradition made before the effective date of withdrawal which remain pending.
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Official Commentaries to the OECD Convention on Combating Bribery of Officials in International Business Transactions
Adopted by the OECD Negotiating Conference on 21 November 1997
General
Re. paragraph 1:
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Re. paragraph 3:
Re paragraph 4:
Article 4 – Jurisdiction Re paragraph 1:
Re paragraph 2:
Article 5 – Enforcement.
Article 6 – Statut of Limitations
Re paragraph 1:
iii) examination of specific issues relating to bribery in international business transactions; v) provision of regular information to the public on its work and activities and on implementation of the Recommendation.
Article 13 – Signature and Accession: