Oecd. Iceland should step up efforts to detect and enforce its foreign bribery offences
Detection of foreign bribery, as well as awareness of related risks, are still lacking in Iceland. In spite of having been one of the original signatories to the OECD Anti-Bribery Convention, Iceland has only recently commenced its first foreign bribery investigation. Detection of foreign bribery by the Icelandic authorities needs therefore to be significantly improved. The 44-country OECD Working Group on Bribery has just completed its Phase 4 evaluation of Iceland’s implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions an...