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The coming paradigm shift in settling foreign bribery cases

The practice of settling rather than trying cases to a conclusion is widespread, but varied, non-transparent and unpredictable. Lawyers and corporations have tried for years to address this.

23 September 2020, 4.00pm BST

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The coming paradigm shift in settling foreign bribery cases

In 2018 the IBA published a global study showing that foreign bribery cases are usually terminated before a full trial and verdict are concluded. The practice of settling rather than trying cases to a conclusion is widespread, but varied, non-transparent and unpredictable. Lawyers and corporations have tried for years to address this. Now the OECD Working Group on Bribery, a group of justice ministry officials from 44 countries, proposes to do just that.