History
In 1989, the OECD established ad hoc working group for comparative review of national legislations regarding the bribery of foreign public officials. In 1994, the OECD Ministerial Council adopted the Recommendation of the Council on Bribery in International Business Transactions; the revised recommendation was adopted in 2007. The ad hoc working group was replaced by the OECD Working Group on Bribery in International Business Transactions. The convention was signed on 17 December 1997 and came into force on 15 February 1999.
Read more about this topic: OECD Anti-Bribery Convention
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