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.
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