9 September, 2019

Ireland: Anti-Corruption Act declared non-compliant by OECD

The working group on the implementation of the OECD Anti-Corruption Convention has just declared a non-compliance of Irish law with the guidelines.

The recent « Criminal Justice (Corruption Practices) Act 2018« * Ireland provides for a « double criminality », i.e. it is necessary that the offence constitutes a crime in Ireland AND in the country where corruption was allegedly committed.

However, if Irish persons or companies operate in a jurisdiction where anti-corruption legislation is weak or non-existent then no infringement is committed, which goes against the spirit of the OECD Convention*.

Source:

Source(s): www.irishtimes.com | one.oecd.org

* Reference document(s) (available to our subscribers) on request) :

  • Criminal Justice (Corruption Offences) Act 2018 (Dept. of Justice & Equality – 2018)
  • Convention on Combating Bribery of Foreign Public Officials in International Commercial Transactions (OECD – 2011)
Editor: