OECD’s Phase 4 Anti-Bribery Report warns that Colombia’s fight against foreign bribery is hindered by weak prevention, enforcement, and whistleblower protections, demanding urgent reforms

The Phase 4 Report assesses Colombia’s implementation of its obligations under the OECD Anti-Bribery Convention and related instruments, noting both progress and significant challenges. It highlights persistent deficiencies in the country’s foreign bribery framework—particularly in enforcement outcomes, corporate liability, protection for whistleblowers and effective detection—and calls for targeted actions to address these gaps and improve international cooperation…