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IFBT foreign bribery indicators: standardising red flags for third‑party and M&A diligence amid strengthened international anti‑corruption co‑operation and enforcement trends

Published on: 03 March 2026

Published by a Law360 reporter
Legal News
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Article summary

Although the indicators do not materially alter the foreign bribery offence and will be well known to many legal and compliance practitioners, they mark a further move towards the global harmonisation of the criteria used to assess corruption risk. This piece reviews the IFBT’s newest guidance, considers what it means for multinational businesses, and notes developments in other recent cross-border anti-corruption efforts.

International Foreign Bribery Taskforce

The International Foreign Bribery Taskforce (IFBT) brings together law enforcement bodies from the so-called Five Eyes: Australia, Canada, New Zealand, the UK and the US, to share intelligence and tackle bribery and related crime. Its members comprise specialists in foreign bribery from the Australian Federal Police; the Royal Canadian Mounted Police; the New Zealand Police and the New Zealand Serious Fraud Office; the UK Serious Fraud Office (SFO) and the National Crime Agency; and the US Federal Bureau of Investigation. Originating in World War II and broadened during the Cold War, the Five Eyes partnership largely operated out of public view for many years...

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