Share on LinkedInShare on LinkedIn

ARTICLE · 18 OCTOBER 2016

Overview On Turkey's Anti-Bribery Scene

Paksoy
Paksoy
Contributor
Paksoy

Paksoy

Paksoy is an independent full-service law firm in Istanbul focused on helping clients in a wide...

View firm profile
Explore more from Paksoy

Combating bribery can be rather challenging in a different or remote jurisdiction than one's own.

TurkeyCorporate/Commercial Law

Combating bribery can be rather challenging in a different or remote jurisdiction than one's own. Foreign companies, or investors, doing business in Turkey may be exposed to such challenges, be subject to a stack of different regulations or regulatory regime and face a higher risk of bribery. At the very least, the burden of prevention can be heavier than in their own countries and cultures.

Turkey is party to many anti-corruption treaties, including the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, the UN Convention against Corruption and the Council of Europe Criminal and Civil Law Conventions on Corruption. In addition, Turkey has amended its anti-bribery and anti-corruption legislation to include bribery of foreign public officials.  The meaning of "public official" is broadened to align Turkish legislation with the requirements of international conventions or treaties. There is a visible effort by the

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from