Swiss multinational enterprises and transnational corruption: management matters

Détails

Ressource 1Télécharger: Accepted Manuscript_SSRN_Swiss Multinational Enterprises and Transnational Corruption.pdf (223.55 [Ko])
Etat: Public
Version: Author's accepted manuscript
ID Serval
serval:BIB_B370BA7BC1C9
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
Swiss multinational enterprises and transnational corruption: management matters
Périodique
Swiss review of business and financial market law
Auteur(s)
Bueno N.
ISSN
1662-8705
Statut éditorial
Publié
Date de publication
01/04/2017
Peer-reviewed
Oui
Volume
89
Numéro
2
Pages
199-209
Langue
anglais
Résumé
In 2016, the Office of the Attorney General of Switzerland sanctioned a Swiss corporation for having bribed a Libyan Minister. The same year, it opened a criminal proceeding against the Swiss bank BSI for its involvement in the corruption scandals surrounding the Malaysian company 1MDB. Swiss corporations are also currently under investigation in the Brazilian Petrobras scandal. At the international level, anti-corruption treaties encourage states to make corporations criminally liable for transnational corruption. The OECD Guidelines for Multinational Enterprises provide a detailed standard as to the management that corporations should adopt in order to prevent transnational corruption. This article aims to clarify the OECD due diligence standard. It presents the Swiss emerging practice regarding corporate criminal liability for transnational corruption offences and compares the conditions under which management deficiencies trigger criminal liability in Switzerland, in the United Kingdom, and in the United States.
Mots-clé
Corruption, multinational enterprises, due diligence, OECD
Création de la notice
05/07/2017 9:21
Dernière modification de la notice
20/08/2019 15:22
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