Following the introduction of the Bribery Bill into the House of Lords on 19 November, Chandrashekhar Krishnan, Executive Director of Transparency International-UK said: “Transparency International-UK applauds the Government’s Bribery Bill and notes that it largely reflects the recommendations of the Joint Parliamentary Committee.  

23 November 2009 - "That cross-party consensus was achieved during the Committee’s excellent work demonstrates that this Bill is above party politics and should receive Royal Assent swiftly this parliamentary session.

“Properly managed companies have nothing to fear from this Bill. So long as its essential provisions are not weakened, the Bribery Act will at last make the UK fully compliant with the OECD Anti-Bribery Convention, helping to restore Britain's international reputation for fighting corruption seriously.”

Notes to editors
1. The OECD Anti-Bribery Convention establishes legally binding standards to criminalise bribery of foreign public officials in international resources-resources-business transactions and provides for a host of related measures that make this effective. The 30 OECD member countries and eight non-member countries - Argentina, Brazil, Bulgaria, Chile, Estonia, Israel, the Slovak Republic and South Africa - have adopted this Convention.