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Bribe, Swindle or Steal

The UK and the OECD Anti-bribery Convention

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

News, Business, Business News

4.9582 Ratings

🗓️ 9 March 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

Michelle de Kluyver, partner in Addleshaw Goddard's Global Investigations group, joins the podcast to discuss the UK's history with the OECD convention and what impact the revised Recommendation might have.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the podcast, bribes, swindle, or steel.

0:09.4

We're continuing our review of the OECD anti-bribery landscape with a discussion about where

0:14.5

things stand with the UK.

0:16.7

Joining me on the podcast for the third time, I'm delighted to say, is Michelle de Kluva,

0:21.0

a partner with Adelschall Goddard's Global Investigations Group.

0:24.8

Michelle has extensive experience with financial crime investigations involving bribery, financial sanctions,

0:30.7

money laundering and fraud, and also advises clients on related compliance and governance issues.

0:36.0

And she, together with her firm, are an incredible

0:38.6

resource to trace as our partner law firm. Thank you for joining me, Michelle. Hi, Alexandra. It's

0:43.7

lovely to speak to you this afternoon. We're speaking about the UK's performance as a signatory

0:49.1

to the OECD Anti-Bribery Convention. We're going to focus primarily on the revised recommendation,

0:56.0

but perhaps you could start by giving us some background on the UK's accession to the convention.

1:02.0

The UK ratified the convention a long time ago in 1998, and it's been reviewed a number of times.

1:10.3

And I think we'll come on to what some of the

1:12.9

outstanding points are, but I think it's fair to say the UK is now broadly complying with

1:18.2

the convention. And I think the other thing I'd note about that sort of peer reviews that

1:23.5

have been conducted over the years is that the UK has generally been very responsive to the

1:31.0

recommendations. You see that, I think, in the history of the response to the various phases of the

1:38.1

reports. In the years prior to the implementation of the UK Bribery Act, the OECD's recommendations were really

1:48.1

focused on addressing the gaps in the pre-UKBA bribery regime. In the sort of first-phased

1:57.1

report, they were really critical about the fact that the existing legislation, its application

2:05.1

to foreign public officials was really unclear. And the other point that the working group really

...

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