The OECD Working Group on Bribery will release a review of Greece’s efforts to fight foreign bribery on March 20 at 11 a.m. (central European time).

Investigation, enforcement and prosecution are the main focus of the Working Group on Bribery’s current review of signatory countries. The issues these have raised include increasing awareness in the private and public sectors, holding companies liable for the crime of foreign bribery; sharing information across borders in foreign bribery investigations via mutual legal assistance; and ensuring that, as per the Convention, sanctions are “effective, proportionate, and dissuasive” and that countries can seize and confiscate bribes and the proceeds of bribery.

The last in-depth review was released in June 2012 where Greece’s failure to investigate major foreign bribery cases raised significant concerns.