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The Convention has also adopted tax and accounting standards to prohibit any transactions that facilitate the concealment of corruption of foreign public officials, such as non-existing expenditure records and instituting obligations with no appropriate explanation concerning the purpose, as well as the use of oecd convention bribery foreign public officials documents by companies aimed at corrupting oecd convention bribery foreign public officials officials. A true commitment to a corruption-free business environment demands more than words or laws — it demands enforcement. In this vein, the Convention states that each State Member must establish civil, criminal or administrative penalties for omissions and falsification in accounting ledgers and records, accounts and financial statements. Fighting the crime of foreign bribery in a nutshell. In order to maximise our impact, we are targeting countries that are parties to the OECD Anti-Bribery Convention and which have the capacity and resources to fulfill their enforcement obligations but for a variety of reasons have failed to do so.

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