European Council Adopts Measures to Combat Transnational Corruption

On November 13, 1997, the Council of the European Union adopted measures to combat transnational corruption. The action was taken in the wake of the signing of the OECD Convention to criminalize bribery of foreign public officials, the Council of Europe’s Convention against corruption, and the various measures taken already by the EU against fraud against the financial interests of the EU and the Action Plan of the High Level Group on Organized Crime ... [more]