New guidelines for determining corporate penalties in international corruption cases
New guidelines on corporate penalties in international corruption cases from Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime ("Økokrim") have come into force. The guidelines apply to the imposition of fines on companies in corruption cases covered by the OECD Convention. This is the first time Økokrim has set out specific, quantified guidelines on what corruption abroad may cost Norwegian companies, and the guidelines mark a historic shift in the fight against corporate corruption in Norway.
