Corruption : Transnational Bribery

Transnational bribery consists in offering or giving of money, valuable goods or other benefits as favors, promises or advantages to foreign government's official for procuring that official do or omit any action addressed to influence on economic or business transaction which has relationship with his public function.

All the countries have in their law as an offence the bribery to own public officials. Notwithstanding, only in the Interamerican Convention Against Corruption, in 1996, and in the OECD Convention, in 1997, nations assumed the commitment to punish the bribery to foreign officials. Before those agreements only the United States had established punishment for transnational bribery by its known Foreign Corrupt Practices Act, in 1977.

In this site we offer a large view about those international documents and their American precedent in force today. We will too include the legislation which countries sanction in the future as regards to OAS and OECD agreements.

• OECD Convention
• Interamerican Convention Against Corruption (article VIII)
• U.S. Foreign Corrupt Practices Act (FCPA)
• Domestic Legislation

Transnational Bribery
by Carlos A. Manfroni