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?

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

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

How does the OECD convention aim to stimulate economic progress?

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