The OECD Convention on Bribery: A Commentary on the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions of 21 November 1997

The OECD Convention on Bribery established an international standard for compliance with anti-corruption rules, and has subsequently been adopted by the thirty-four OECD members and six non-member countries. As a result of the Convention and national implementation laws, companies and managers now risk tough sanctions if they are caught bribing foreign officials. The UK Bribery Act 2010 is only one example of this development. The second edition of this, the only commentary on the Convention, provides law practitioners, company lawyers and academic researchers with comprehensive guidance on the OECD standards. It includes case examples as well as the FCPA Resource Guide 2012 and the 2009 OECD Recommendation for Further Combating Bribery of Foreign Public Officials with Annexes I and II.

Mark Pieth is Professor of Criminal Law at Basel University and Chairman of the OECD Working Group on Bribery in International Business Transactions. He serves as a Member of the Integrity Advisory Board of The World Bank Group (IAB) and is the founder and Chairman of the Board of the Basel Institute on Governance (BIG).

Lucinda A. Low is a partner in the Washington, DC office of Steptoe and Johnson LLP, where she heads the firm's anti-corruption practice. Her practice includes advice and counsel to companies in preventing and mitigating risks of corruption in international business transactions and operations, conducting internal corporate investigations, and representation of companies in government and World Bank and other IFI investigations and enforcement actions.

Nicola Bonucci is the OECD Director for Legal Affairs and the coordinator for accession. He focuses on general public international law issues, participating in the negotiation of international agreements, interpreting the basic texts of the Organisation, and providing legal opinions. Since 1997 he has been closely involved in the monitoring and follow-up of the OECD Anti-Bribery Convention.