One Foot Forward: OECD’s Phase 4 of the Anti-Bribery Convention in 2015
Trust is one of the principal foundations of political systems and business. In recent years, trust in governments, public institutions, and large corporations has declined substantially in most countries. Citizens across the globe doubt and don't trust that governments and politicians are ethical and competent stewards of the public interest. Graft and corruption; legalized and illegal, are the principal reason for this decline of trust. There is an urgent need to address the growing distrust by ensuring the credibility of public decision-making bodies and strengthening the underlying institutional fabric responsible for government policy.
The OECD Anti-Bribery Convention requires the 41 parties to criminalize bribery of foreign public officials in international business transactions. Enforcement of the Convention, which has been weak, undoubtedly is an issue that should be re-assessed in Phase 4. Only eight countries (United States, Germany, the United Kingdom, Switzerland, Italy, Australia, Austria, and Finland) enforce the OECD Convention.
Our panel of key thought leaders and practitioners, assembled by The Knowledge Group, will review the OECD's Phase 4 of the Anti-Bribery Convention and discuss how it relates to US activities and how it can be enforced.
Key topics include:
- OECD’s Anti- Bribery Convention: An Overview
- Key Features of OECD A-BC Phase 4
- Best Practices for Adoption and Enforcement
- Major Effects and Challenges of Anti-Corruption Convention
- Potential Sanctions of Authorities Involved in Foreign Bribery Cases
- Latest Legal Developments
Tony Hounshell, Senior Manager
Ernst & Young LLP
- History of OECD Anti-bribery convention and Phases 1-3
- Summary of Transparency International’s 2015 Progress Report (Assessing Enforcement of the OECD Convention on Combatting Foreign Bribery)
- Summary of Phase 4 public consultation comments
- What does it mean for the primarily US-based audience
Andrew B. Spalding, Assistant Professor of Law
University of Richmond School of Law
- the purpose of Phase 4 review: detection, enforcement, and liability
- national differences in agency structure, enforcement techniques, and theories of liability that impact levels of enforcement
- some suggestions from the private sector consultations on how to overcome national differences in level of enforcement
Who Should Attend:
- Anti–Money Laundering Lawyers and Specialists
- Antitrust Lawyers
- Anti-Bribery Experts
- Money Laundering Reporting Officers
- Public Authorities
- Other Related/Interested Professionals
Professor Andy Spalding teaches and writes in the area of international anti-corruption law. He is Senior Editor of the FCPA Blog and an instructor at the U.N.-sponsored International Anti-Corruption Academy in Vienna, Austria. His scholarship has appeared in the UCLA Law Review, Washington University Law Review, and many other academic venues, and has been covered by the New York Times, Wall Street Journal, Economist, Atlantic, Forbes, and National Public Radio. Professor Spalding was previously a Fulbright Senior Research Scholar in Mumbai, India, traveling across India and into Bangladesh, Kazakhstan, Thailand, Turkey, and the United Arab Emirates to conduct research and lecture at law and business schools. He has also taught intensive short courses on international business transactions and other legal topics to practicing lawyers in Beijing, China through the Beijing Lawyers Association. Professor Spalding has a Ph.D. in Political Science and has served as a lecturer, panelist, or invited keynote speaker at over two dozen conferences and meetings on international business and anti-corruption law topics.
Professor Andy Spalding teaches and writes in the area of international anti-corruption law. He is Senior Editor of the FCPA …
Tony Hounshell is a Senior Manager in the Fraud Investigation & Dispute Services practice of Ernst & Young LLP. He has nearly 15 years of experience in accounting, audit, and forensic services, which includes investigation, dispute, regulatory, and compliance services.
Tony has worked in more than 25 countries across the Americas, Europe, Africa, and Asia. Most of this work related to investigations of financial irregularities, corruption, and fraud. It’s also related to anti-corruption and anti-fraud analytics and compliance, financial statement restatements, commercial litigation, and arbitrated disputes.
Tony has conducted investigations and compliance engagements that involved concurrent investigations and oversight by the Department of Justice, Securities and Exchange Commission, Department of Health and Human Services Office of Inspector General, and Financial Industry Regulatory Authority. Many of these matters involved interviews, data analytics, financial analyses, computer forensics, and electronic discovery.
Tony Hounshell is a Senior Manager in the Fraud Investigation & Dispute Services practice of Ernst & Young LLP. He …
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University of Richmond School of Law
Ernst & Young LLP
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