Several G20 nations slacking on bribes rules
Anti corruption group credits Canada with “moderate” enforcement.
BERLIN — An anti-corruption watchdog says that several of the G20 global economic powers are making little or no effort to enforce rules barring multinational companies from paying bribes abroad, and only Canada has improved significantly in the past year.
Transparency International annually assesses compliance with an anti-bribery convention signed by 41 countries that prohibits bribes to win contracts, or dodge taxes and local laws.
The group said only the US, Germany, Britain and Switzerland are “actively” enforcing the rules, opening many investigations that result in prosecutions.
It found “little or no” enforcement in 22 countries accounting for 27% of world exports. They include G-20 members Japan, South Korea, Russia, Mexico, Brazil and Turkey.
Transparency said Canada, credited with “moderate” enforcement, has significantly improved its foreign bribery law.