<P> Countries that have signed the convention are required to put in place legislation that criminalises the act of bribing a foreign public official . The OECD has no authority to implement the convention, but instead monitors implementation by participating countries . Countries are responsible for implementing laws and regulations that conform to the convention and therefore provide for enforcement . The OECD performs its monitoring function in a three - phased examination process . Phase 4 was launched on 16 March 2016 . Phase I consists of a review of legislation implementing the conventions in the member country with the goal of evaluating the adequacy of the laws . Phase 2 assesses the effectiveness with which the legislation is applied . </P> <P> The Convention is open to accession by any country which is a member of the OECD or has become a full participant in the OECD Working Group on Bribery in International Business Transactions . As of 2016, 42 countries have ratified or acceded to the convention: </P> <Table> <Tr> <Td> <Ul> <Li> Argentina </Li> <Li> Australia </Li> <Li> Austria </Li> <Li> Belgium </Li> <Li> Brazil </Li> <Li> Bulgaria </Li> <Li> Canada </Li> <Li> Chile </Li> <Li> Colombia </Li> <Li> Czech Republic </Li> <Li> Denmark </Li> </Ul> </Td> <Td> <Ul> <Li> Estonia </Li> <Li> Finland </Li> <Li> France </Li> <Li> Germany </Li> <Li> Greece </Li> <Li> Hungary </Li> <Li> Iceland </Li> <Li> Ireland </Li> <Li> Israel </Li> <Li> Italy </Li> </Ul> </Td> <Td> <Ul> <Li> Japan </Li> <Li> Latvia </Li> <Li> Luxembourg </Li> <Li> Mexico </Li> <Li> Netherlands </Li> <Li> New Zealand </Li> <Li> Norway </Li> <Li> Oman </Li> <Li> Poland </Li> <Li> Portugal </Li> <Li> Russia </Li> </Ul> </Td> <Td> <Ul> <Li> Slovakia </Li> <Li> Slovenia </Li> <Li> South Africa </Li> <Li> South Korea </Li> <Li> Spain </Li> <Li> Sweden </Li> <Li> Switzerland </Li> <Li> Turkey </Li> <Li> United Kingdom </Li> <Li> United States </Li> </Ul> </Td> </Tr> </Table> <Tr> <Td> <Ul> <Li> Argentina </Li> <Li> Australia </Li> <Li> Austria </Li> <Li> Belgium </Li> <Li> Brazil </Li> <Li> Bulgaria </Li> <Li> Canada </Li> <Li> Chile </Li> <Li> Colombia </Li> <Li> Czech Republic </Li> <Li> Denmark </Li> </Ul> </Td> <Td> <Ul> <Li> Estonia </Li> <Li> Finland </Li> <Li> France </Li> <Li> Germany </Li> <Li> Greece </Li> <Li> Hungary </Li> <Li> Iceland </Li> <Li> Ireland </Li> <Li> Israel </Li> <Li> Italy </Li> </Ul> </Td> <Td> <Ul> <Li> Japan </Li> <Li> Latvia </Li> <Li> Luxembourg </Li> <Li> Mexico </Li> <Li> Netherlands </Li> <Li> New Zealand </Li> <Li> Norway </Li> <Li> Oman </Li> <Li> Poland </Li> <Li> Portugal </Li> <Li> Russia </Li> </Ul> </Td> <Td> <Ul> <Li> Slovakia </Li> <Li> Slovenia </Li> <Li> South Africa </Li> <Li> South Korea </Li> <Li> Spain </Li> <Li> Sweden </Li> <Li> Switzerland </Li> <Li> Turkey </Li> <Li> United Kingdom </Li> <Li> United States </Li> </Ul> </Td> </Tr>

Oecd convention on combating bribery of foreign officials in international business transactions