Statement By The OECD Working Group On Bribery

Gradually leaving off the disruption in global health behind, we are all getting ready to contemplate how to cope with the prominent economic fragility emerging post Covid-19. Even though the economic recession tied to Covid-19 has not yet matured, as most businesses slowly begin to ramp up their operations, forecasts about economic cessations will become much more clear, paving the way to improved and responsive regulations for protection of the environments that are ripe for corruption.

Organization for Economic Cooperation and Development ("OECD") has issued a general statement¹ calling on all countries around the globe to respect the rule of law, ensure integrity in public procurement, transparency, the effective protection of whistleblowers, and press freedom to fight all forms of corruption under the Anti-Bribery Convention ("Statement") on April 22, 2020.