OECD’s Anti-Bribery Phase 3 Follow-Up report on Lithuania highlights reform progress but warns that enforcement of foreign bribery and corporate liability laws remains weak

The report assesses Lithuania’s progress against the recommendations from its Phase 3 evaluation of implementation of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. It concludes that although some legal and procedural reforms have been enacted, challenges persist in effectively investigating, prosecuting and sanctioning foreign bribery and in ensuring robust corporate liability, indicating the need for further targeted improvements…