Russia’s Turn Toward Anti-Corruption Enforcement

Law360, New York (April 6, 2012, 3:08 PM EDT) -- Two recent developments in Russia suggest that the country is entering a new phase in its efforts to modernize its business environment and anti-corruption laws. First, on Feb. 1, 2012, Russian President Dmitry Medvedev signed into law Russia’s accession to the Organization for Economic Cooperation and Development Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.[1]

The OECD convention, which currently has 38 signatory countries,[2] including every major exporting nation except China and India,[3] requires member states to criminalize the payment of bribes...
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