Brazil Must Do More to Stop Foreign Bribery, OECD Says

Brazil has made progress in combating foreign bribery schemes over the last nine years, but still has a way to go in successfully charging individuals, an international antibribery watchdog said.

In a report published Thursday, the Organization for Economic Cooperation and Development’s Working Group on Bribery in International Business Transactions commended the Brazilian government for progress implementing new legislation against corporate bribery and taking enforcement actions against large-scale foreign bribery schemes since its last evaluation in 2014.