Via The FCPA Blog.
The International Bar Association (IBA) said about half the world's lawyers haven't heard of the FCPA. Seventy percent are unaware of the U.K. Bribery Act, and four in ten don't know about the OECD and U.N. anti-corruption conventions.
The IBA -- a group of 40,000 lawyers and about 200 bar associations and law societies around the globe -- surveyed 642 legal professionals in 95 jurisdictions. It worked with the OECD and the United Nations Office on Drugs and Crime to learn what lawyers think about the risks of corruption and the tools available to fight it.
The majority of respondents selected "none of the above," even in developed economies, when asked about anti-corruption tools such as the OECD convention, the FCPA, and the Bribery Act. More than 40 percent of respondents in developed countries such as Denmark, Germany, Canada, and Japan were not familiar with any instrument, a result that increased to more than 70 percent for participants in New Zealand and Hong Kong.
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