Bribery and Corruption Awareness - International Bribery Laws and Conventions

The video discusses international anti-bribery laws and conventions, focusing on the roles of organizations like the United Nations, OECD, EU, and OAS in combating corruption. It highlights key conventions such as the FCPA, OECD Convention, and EU Convention, explaining their regulations and global applicability. The FCPA prohibits bribery of foreign officials by U.S. entities, while the OECD and EU conventions require member countries to enact similar laws, impacting both domestic and international business practices.

Which of the following organizations is NOT mentioned as having its own anti-bribery conventions?

• Organization of American States

• European Union

• World Health Organization

• United Nations

What does the FCPA prohibit U.S. companies from doing?

• Engaging in trade with non-member countries

• Bribing foreign officials

• Hiring foreign nationals

• Investing in foreign markets

Who can be held liable under the FCPA for bribery-related activities?

• U.S. companies, nationals, and residents

• Only U.S. companies

• Only foreign subsidiaries

• Only U.S. nationals

How many countries have accepted the OECD Convention on combating bribery?

• 48

• 58

• 38

• 28

Under the EU Convention, who must enact laws prohibiting bribery?

• EU Member States

• Only private companies

• Only EU officials

• Only non-EU countries