Foreign bribery laws (FBLs) prohibit a country’s companies from bribing foreign public officials. FBLs were implemented first in the United States in the 1970s, and later in various other countries. The OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, which came into effect in 1999, gave significant impetus to this process. Today, FBLs are one of the pillars of the global anti-corruption movement.
Fuente: Anti-corruption Resource Centre – U4