8 May 2017

Submission

Submission to the Attorney Generals Department on proposed amendments to the foreign bribery offence in the Criminal Code Act 1995

TI Australia’s overall position with Australia’s foreign bribery regime is to ensure:

  • Australia has laws and legal processes that enable it to implement fully its commitments under the OECD Convention, and
  • The Australian Government devotes sufficient resources to actively enforce those laws.
  • Australian companies that take compliance with foreign bribery laws seriously should not be at a disadvantage to those that do not. Accordingly, the Australian Government needs to actively encourage Australian companies to develop a corporate ‘culture of compliance’ and be active in adequately enforcing the foreign bribery regime to penalise non-compliant companies and associated individuals.

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