Business Corruption in Sweden
Corruption is not an obstacle to business in Sweden. Sweden's
Penal Code
criminalises most forms of corruption, and there is a strong rule of law exisiting in the country. Municipal-level procurement is identified as a corruption risk. Swedish legislation does not make a distinction between
bribery
and
facilitation payments
, meaning there is no exception for facilitation payments. Companies should be aware of the
Code on Gifts, Rewards and other Benefits in Business
, published as a supplement to
Penal Code changes
(in Swedish). The government of Sweden has implemented anti-corruption laws effectively. The OECD Working Group on bribery recognises the efforts made by Sweden to enforce its foreign bribery offence.
December 2015
GAN Integrity Solutions