ANTI-BRIBERY

The OECD Working Group on Bribery in International Business Transactions has released a public statement commending Italy for the adoption of a Bill on 15 March, by the Italian Senate. The Bill, which has gone back to the Chamber of Deputies for its definitive adoption, contains provisions significantly extending the statute of limitations to allow more time to prosecute and sanction foreign bribery cases. The Working Group welcomes the steps taken by Italy to address the issue of its limitation period in foreign bribery cases.