International anti-corruption efforts
OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions
The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (the Anti-Bribery Convention) establishes legally binding standards to criminalise bribery of foreign public officials in international business transactions. Australia ratified the Convention in 1999. The OECD Working Group on Bribery in International Business Transactions is responsible for monitoring the implementation and enforcement of the OECD Anti-Bribery Convention, the 2009 Recommendation on Further Combating Bribery of Foreign Bribery in International Business Transactions and related instruments.
The Australian Government is also committed to promoting the use of the OECD Guidelines for Multinational Enterprises and their effective and consistent implementation through the Australian National Contact Point (ANCP). The Guidelinesprovide voluntary principles and standards for responsible business conduct in a variety of areas including human rights, anti‑corruption, taxation, labour relations, environment, information disclosure, and consumer protection.