Australia’s Shifting Foreign Bribery Regime

Why has it been so difficult for Australian authorities to prosecute foreign bribery offenses, and is that changing?  The Australian Senate is currently investigating how foreign bribery cases are handled, Jason Gray and Alexander Calthrop, attorneys at Allen & Overy, explain in a guest article.  They examine Australia’s current foreign bribery regime, the incremental advancements that have been made since the OECD issued a critical report in 2012, as well as the shortfalls in the system likely to be considered by the Senate.  They also provide guidance on what companies exposed to Australian jurisdiction can do now to get ahead of the regulatory curve.  See also “K&L Gates Panel Reviews Anti-Corruption Enforcement in the U.S., the U.K., China, Australia, Latin America, Africa, Southeast Asia and Russia” (Oct. 23, 2013).

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