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With the approval of these decisions, which first dealt with the
adoption of the country reports for Grenada, Suriname, Brazil, and
Belize, the Third Round of Review came to a successful conclusion.
During this Round, concrete recommendations were formulated to the
member countries of the Mechanism in order to address the shortcomings
and inadequacies detected in their legal frameworks pertaining to the
denial of favorable tax treatment for concealed bribery payments;
deterrents to the bribery of domestic and foreign government officials;
criminal sanctions for transnational bribery and illicit enrichment; and
extradition of the perpetrators of acts of corruption.
Also worthy of note were the important decisions adopted for the
commencement of the Fourth Round, during which a comprehensive review
will be conducted of the oversight bodies for preventing, detecting, and
punishing acts of corruption. These referred to the methodology for
review, the questionnaire for gathering the relevant information from
the countries, the structure that the country reports are to follow, the
order in which the countries will be reviewed, the composition of the
review subgroups, and the timetable for the round. The documents in
question may be consulted at the link given above.
Edition N° 75 - October 2011
The Mechanism For Follow-up on the
Implementation of the Inter-American
Convention against Corruption, known as MESICIC for its Spanish acronym, is a tool to
support the development of the Inter-American
Convention against Corruption through
cooperation between States Parties.
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