Bribery and Corruption (Part 3 of 5): International Bribery Laws and Conventions

The video discusses international anti-bribery laws and conventions established by organizations like the UN, OECD, EU, and OAS. It highlights the Foreign Corrupt Practices Act (FCPA), which prohibits U.S. and non-U.S. companies from bribing foreign officials. The OECD and EU conventions also require member countries to enact laws against bribery, ensuring compliance across borders.

What is the purpose of international anti-bribery conventions?

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Name at least two international organizations that have created anti-bribery conventions.

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What does the Foreign Corrupt Practices Act (FCPA) prohibit?

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How does the OECD convention aim to stimulate economic progress?

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What are the implications of the EU convention for member states regarding bribery?

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