Page 16 - U.S. FOREIGN CORRUPT PRACTICES ACT

A Resource Guide to the U.S. Foreign Corrupt Practices Act. Second Edition.

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December 14, 2005. The United States ratified the The IACAC requires parties (of which the
UNCAC on October 30, 2006. The UNCAC requires United States is one) to criminalize both foreign and
parties to criminalize a wide range of corrupt acts, domestic bribery. A body known as the Mechanism
including domestic and foreign bribery and related for Follow-Up on the Implementation of the Inter-
offenses such as money laundering and obstruction American Convention Against Corruption (MESICIC)

of justice. The UNCAC also establishes guidelines monitors parties’ compliance with the IACAC. As of
for the creation of anti-corruption bodies, codes June 30, 2020, 33 countries were parties to MESICIC.
of conduct for public officials, transparent and The Council of Europe established the Group
objective systems of procurement, and enhanced of States Against Corruption (GRECO) in 1999 to
accounting and auditing standards for the private monitor countries’ compliance with the Council of
sector. A peer review mechanism assesses the Europe’s anti-corruption standards, including the

implementation of the UNCAC by parties to the Council of Europe’s Criminal Law Convention on
Convention, with a focus in the first round on Corruption. These standards include prohibitions
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criminalization and law enforcement as well as on the solicitation and receipt of bribes, as well
international legal cooperation. 38 The United as foreign bribery. As of June 30, 2020, GRECO
States has been reviewed under the Pilot Review member states, which need not be members of the

Programme, the report of which is available on Council of Europe, include 49 European countries
DOJ’s website. As of June 30, 2020, 187 countries and the United States.
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were parties to the UNCAC. The United States has been reviewed under
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both MESICIC and GRECO, and the reports
Other Anti-Corruption Conventions generated by those reviews are available on DOJ’s
The Inter-American Convention Against website.
Corruption (IACAC) was the first international
anti-corruption convention, adopted in March
1996 in Caracas, Venezuela, by members of the

Organization of American States.
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