ign Launch of the OECD Foreign Bribery Report By www.oecd.org Published On :: Tue, 02 Dec 2014 23:58:00 GMT The OECD Foreign Bribery Report was launched by the OECD Secretary-General in Paris on 2 December 2014. This ground breaking report analyses data emerging from all foreign bribery enforcement actions concluded since the entry into force of the OECD Anti-Bribery Convention and for the first time ‘measures’ the crime of corruption. Full Article
ign International investment continues to struggle: Foreign direct investment in figures - December 2014 By www.oecd.org Published On :: Fri, 05 Dec 2014 11:02:00 GMT Global FDI flows for 2014 have stalled at levels substantially below the peak levels reached before the financial crisis and ensuing global recession that began in 2008 according to preliminary estimates in the December 2014 issue of FDI in Figures. Full Article
ign The Dark Horse, The Paper Tiger and Chicken Little: Lessons from the OECD Foreign Bribery Report By www.oecd.org Published On :: Fri, 13 Feb 2015 16:24:00 GMT One of the more startling findings in the OECD Foreign Bribery Report, is that some level of corporate management was involved in over 50% of the cases sanctioned. This paper by Leah Ambler, published in the Journal of Business Compliance (01/2015), examines what went wrong and why from a corporate governance and compliance perspective. Full Article
ign Greece should tackle not only domestic corruption but also foreign bribery By www.oecd.org Published On :: Fri, 20 Mar 2015 17:51:00 GMT The risk of Greek companies bribing foreign officials is substantial, but Greece has not given the same priority to fighting foreign bribery as it has to domestic corruption. Full Article
ign Asia-Pacific conference on aligning corporate sustainability with sustainable development goals By www.oecd.org Published On :: Wed, 20 May 2015 12:13:00 GMT With a focus on the Asia-Pacific region, this conference addressed what the Sustainable Development Goals will mean for business and how business sustainability strategies can be aligned to support their implementation. Full Article
ign OECD encouraged by Israel’s recent investigative activity, but remains seriously concerned with overall efforts to enforce foreign bribery laws By www.oecd.org Published On :: Mon, 22 Jun 2015 16:27:00 GMT Israel is not sufficiently proactive in detecting and investigating foreign bribery, with no prosecutions over the past 7 years, despite 14 allegations of foreign bribery involving Israeli individuals or companies. The OECD Working Group on Bribery is, however, encouraged by the recently-opened investigations, and will pay close attention to how these evolve. Full Article
ign China signs cooperation agreements with OECD and joins OECD Development Centre By www.oecd.org Published On :: Wed, 01 Jul 2015 11:00:00 GMT In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre. Full Article
ign Investigating corruption: OECD gets award for its work on foreign bribery enforcement By globalinvestigationsreview.com Published On :: Thu, 24 Sep 2015 07:26:00 GMT 24 September 2015 - At the 2015 Global Investigations Review awards, the OECD collected the prize for the "most important investigations development" category. The OECD was given the award in recognition of its tireless work promoting foreign bribery enforcement around the world. Full Article
ign OECD Technical Workshop on Foreign Direct Investment and Global Value Chains By www.oecd.org Published On :: Mon, 19 Oct 2015 11:06:00 GMT The workshop will discuss the first results of the OECD Secretariat’s work on integrating FDI statistics into the analysis of Global Value Chains (OECD-WTO Trade in Value Added Initiative) to better account for foreign ownership. Full Article
ign The OECD’s Revised Benchmark Definition of Foreign Direct Investment: Better data for better policy By oecdinsights.org Published On :: Mon, 19 Oct 2015 22:47:00 GMT Let’s start with a quiz. Which country is the second biggest direct investor in China? Who are the largest investors in India and Russia? You probably won’t believe it, but the answers are Full Article
ign Colombia needs to address major loopholes to hold companies liable for foreign bribery By www.oecd.org Published On :: Wed, 21 Oct 2015 15:00:00 GMT Colombia needs to improve its capacity to investigate foreign bribery by establishing an effective corporate liability regime, improving coordination between its numerous agencies and more rigorously training law enforcement, according to a new report by the OECD Working Group on Bribery. Full Article
ign Latvia’s fight against foreign bribery overshadowed by enforcement weaknesses By www.oecd.org Published On :: Wed, 21 Oct 2015 15:25:00 GMT Latvia has improved its laws since acceding to the OECD Anti-Bribery Convention in 2014. Yet serious personnel issues until recently as well as negative government commentary concerning KNAB, Latvia’s anti-corruption law enforcement agency, have cast doubts over its capacity to enforce those laws. Full Article
ign High-Level OECD Mission to Meet Argentine Officials on Fighting Foreign Bribery By www.oecd.org Published On :: Mon, 25 Apr 2016 11:33:00 GMT A high-level Working Group mission will visit Buenos Aires on 26-27 April 2016 and meet senior Argentine government officials. Full Article
ign High-level OECD mission to meet Japanese officials on fighting foreign bribery By www.oecd.org Published On :: Tue, 28 Jun 2016 15:37:00 GMT A high-level Working Group mission will visit Tokyo on 29-30 June 2016 and meet senior Japanese government officials. Full Article
ign Trends in foreign direct investment and their implications for development By www.oecd-ilibrary.org Published On :: Mon, 18 Jul 2016 13:13:00 GMT Foreign direct investment can play an important role in financing development, with multinational enterprises also providing employment, technology transfer and access to international markets. This chapter from the 2016 Development Co-operation report examines these trends, the main factors shaping them and their implications. Full Article
ign Design of funded private pensions needs to be improved By www.oecd.org Published On :: Mon, 05 Dec 2016 11:00:00 GMT Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report. Full Article
ign Liability of Legal Persons for Foreign Bribery: A Stocktaking Report By www.oecd.org Published On :: Fri, 09 Dec 2016 15:49:00 GMT This stocktaking report first presents a chronology of how systems for the liability of legal persons have evolved among the 41 Parties to the Anti-Bribery Convention. It then presents a “mapping” of the features of these systems for the 41 Parties. Full Article
ign Roundtable on Corporate Liability for Foreign Bribery By www.oecd.org Published On :: Fri, 09 Dec 2016 19:13:00 GMT 9 December 2016, Paris: Held on International Anti-Corruption Day, this roundtable provided an opportunity for governments, the private sector, civil society, and the media, to reflect on the liability of legal persons following more than 15 years of work by the OECD Working Group on Bribery to promote its application for foreign bribery. Full Article
ign UK has made strong progress fighting foreign bribery, but uncertainty over Serious Fraud Office role remains By www.oecd.org Published On :: Thu, 23 Mar 2017 12:02:00 GMT Foreign bribery enforcement in the UK has increased significantly since 2012 notably thanks to the pragmatic and effective approach taken by the Serious Fraud Office (SFO) to investigate and resolve foreign bribery cases. Full Article
ign High acquittal rate jeopardises Finland's efforts to combat foreign bribery By www.oecd.org Published On :: Thu, 23 Mar 2017 12:12:00 GMT Finland has proactively investigated seven allegations of Finnish individuals or companies paying bribes to foreign public officials since 1999 but needs to address its discouragingly high acquittal rate. Full Article
ign Ukraine signs OECD agreement to strengthen investment climate By www.oecd.org Published On :: Mon, 27 Mar 2017 17:31:00 GMT 27/03/2017 - Ukraine has become the 47th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The Declaration commits Ukraine to provide an open and transparent environment for international investment and to encourage the positive contribution foreign investment can make to economic and social progress. Full Article
ign The Czech Republic must take significant steps to enforce its foreign bribery laws, but demonstrates commitment to improve By www.oecd.org Published On :: Thu, 22 Jun 2017 11:00:00 GMT The Czech Republic must strengthen its efforts to detect, investigate and prosecute foreign bribery. Seventeen years after ratifying the OECD Anti-Bribery Convention, the Czech Republic has yet to prosecute a case involving the bribery of foreign public officials. Full Article
ign International co-operation in combating foreign bribery By www.oecd.org Published On :: Tue, 01 Aug 2017 16:28:00 GMT Effective international co-operation between countries is crucial for the successful investigation, prosecution and sanction of international corruption offences. Full Article
ign International trade, foreign direct investment and global value chains By www.oecd.org Published On :: Fri, 20 Oct 2017 16:34:00 GMT Evidence on the role played by investment in global value chains (GVCs) can assist policy work on GVCs, trade, investment and development. Drawing on new and improved measures of trade and investment, these country notes provide relevant statistical information from OECD databases on trade, investment, the activities of multinational enterprises and global value chains. Full Article
ign Chile must conclude its current legislative reforms of the criminal sanctions regime and clarify its corporate liability framework to better combat foreign bribery By www.oecd.org Published On :: Wed, 25 Oct 2017 14:50:00 GMT Chile must make further progress on key recommendations of the OECD Working Group on Bribery in International Business Transactions, more than three years after its Phase 3 evaluation in March 2014. Full Article
ign Fighting the Crime of Foreign Bribery: The Anti-Bribery Convention and the OECD Working Group on Bribery By www.oecd.org Published On :: Thu, 07 Dec 2017 09:44:00 GMT The OECD Working Group on Bribery is leading global efforts to fight bribery of foreign public officials in international trade and investment. The fight against foreign bribery is a core shared value that unites all 43 Parties to the Anti-Bribery Convention. This brochure provides a snapshot of 18 years of implementation and enforcement of the Anti-Bribery Convention. Full Article
ign The Detection of Foreign Bribery By www.oecd.org Published On :: Tue, 12 Dec 2017 11:34:00 GMT This study looks at common sources of detection in foreign bribery cases, untapped sources which are under or not utilised in foreign bribery investigations, and ways in which these methods of detection may be enhanced. Full Article
ign Lithuania has made significant legislative reforms to fight foreign bribery and should now ensure effective anti-bribery enforcement By www.oecd.org Published On :: Mon, 18 Dec 2017 15:28:00 GMT Lithuania has taken significant steps to strengthen its legislative framework to combat foreign bribery. Yet further efforts are needed to ensure effective enforcement of anti-bribery laws with regard to corporate liability and imposing sanctions for foreign bribery, including confiscation, according to a new report by the OECD Working Group on Bribery. Full Article
ign OECD says Swedish progress combatting foreign bribery insufficient to warrant Phase 4 evaluation By www.oecd.org Published On :: Tue, 19 Dec 2017 10:00:00 GMT The next review of Sweden’s implementation of the OECD Anti-Bribery Convention, which was scheduled for October 2018, has been delayed until 2019. This is due to the fact that Sweden has not yet enacted legislation to urgently address remaining recommendations to reform its laws on corporate liability for the bribery of foreign public officials. Full Article
ign Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement By www.oecd.org Published On :: Tue, 19 Dec 2017 14:00:00 GMT Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations. Full Article
ign Poland must make urgent legislative reforms to combat foreign bribery By www.oecd.org Published On :: Thu, 22 Mar 2018 11:00:00 GMT Poland must make urgent progress on carrying out key recommendations of the OECD Working Group on Bribery that remain unimplemented, more than four years after its Phase 3 evaluation in June 2013. Full Article
ign Alignment assessment of industry programmes with the OECD minerals guidance By www.oecd.org Published On :: Tue, 17 Apr 2018 12:47:00 GMT The OECD Due Diligence Guidance is being used as the basis and benchmark by many industry initiatives created to ensure the responsible sourcing of minerals. This report presents the findings of a pilot alignment assessment of five industry programmes against the recommendations of the OECD Guidance to gauge the coherence, effectiveness and credibility of these initiatives. Full Article
ign Foreign Direct Investment Statistics: Data, Analysis and Forecasts By www.oecd.org Published On :: Fri, 27 Apr 2018 16:35:00 GMT Latest statistics for global foreign direct investment (FDI) flows and international mergers and acquisitions (M&A). Analysis, trends and forecasts from the OECD using FDI statistics collected in accordance with latest international guidelines. Full Article
ign Improving detection and treatment would cut cancer death rates significantly, says OECD By www.oecd.org Published On :: Wed, 30 Oct 2013 11:00:00 GMT Earlier detection and better treatment for cancer would cut death rates from the disease by around a third, saving the lives of nearly a million people in the developed world every year, according to a new report by the OECD prepared with the support of the European Commission, building on earlier World Health Organisation research. Full Article
ign Redesigning how health services are delivered in Japan would better meet the needs of a super-ageing population, says OECD By www.oecd.org Published On :: Wed, 05 Nov 2014 02:00:00 GMT Elderly individuals with complex, chronic diseases need continuous and tailored care to maintain their health and maximise their ability to participate in society. Japan must change the way it delivers health services for older citizens by strengthening its specialist primary care and making mental health care services more widely available, according to a new OECD report. Full Article
ign OECD seriously concerned by lack of foreign bribery convictions, but encouraged by recent efforts by the Australian Federal Police By www.oecd.org Published On :: Thu, 25 Oct 2012 09:00:00 GMT Australia’s enforcement of its foreign bribery laws has been extremely low, with just a single case leading to prosecutions out of 28 referrals in 13 years. Cases may have been closed prematurely. Australia must vigorously pursue foreign bribery allegations. Full Article
ign Australia takes major steps to combat foreign bribery, but OECD wants to see more enforcement By www.oecd.org Published On :: Tue, 19 Dec 2017 14:00:00 GMT Australia has stepped up its enforcement of foreign bribery since 2012, when the OECD Working Group on Bribery last evaluated Australia’s implementation of the OECD Anti-Bribery Convention, with seven convictions in two cases and 19 ongoing investigations. Full Article
ign Serious Concerns Remain over Japan’s Enforcement of Foreign Bribery Law, Despite Some Positive Developments By www.oecd.org Published On :: Thu, 12 Jan 2012 00:00:00 GMT The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. Full Article
ign Statement of OECD on Japan’s Efforts to Increase Foreign Bribery Enforcement By www.oecd.org Published On :: Thu, 12 Jun 2014 14:43:00 GMT Due to serious concerns about the extremely low level of enforcement of Japan’s offence of bribing foreign public officials – just three prosecutions since 1999 – the OECD Working Group on Bribery recommended in December 2013 that Japan establish an Action Plan to organise police and prosecution resources to be able to proactively detect, investigate and prosecute cases of foreign bribery by Japanese companies. Full Article
ign Redesigning how health services are delivered in Japan would better meet the needs of a super-ageing population, says OECD By www.oecd.org Published On :: Wed, 05 Nov 2014 02:00:00 GMT Elderly individuals with complex, chronic diseases need continuous and tailored care to maintain their health and maximise their ability to participate in society. Japan must change the way it delivers health services for older citizens by strengthening its specialist primary care and making mental health care services more widely available, according to a new OECD report. Full Article
ign High-Level OECD Mission to Meet Japanese Officials on Fighting Foreign Bribery By www.oecd.org Published On :: Tue, 28 Jun 2016 02:00:00 GMT In December 2014, the OECD Working Group on Bribery in International Business Transactions agreed to send a High Level Mission to Japan due to longstanding serious concerns about Japan’s implementation of the OECD Anti-Bribery Convention. Full Article
ign High-level OECD mission to meet Japanese officials on fighting foreign bribery By www.oecd.org Published On :: Tue, 28 Jun 2016 15:37:00 GMT A high-level Working Group mission will visit Tokyo on 29-30 June 2016 and meet senior Japanese government officials. Full Article
ign Japan must urgently address long-standing concerns over foreign bribery enforcement By www.oecd.org Published On :: Wed, 03 Jul 2019 12:00:00 GMT Japan must step up enforcement of its foreign bribery laws and strengthen the capacities of its law enforcement agencies to proactively detect, investigate and prosecute the foreign bribery offence, according to a new report by the OECD Working Group on Bribery. Full Article
ign Austria’s enforcement of foreign bribery laws far too weak, but could pick up soon says OECD By www.oecd.org Published On :: Tue, 08 Jan 2013 14:00:00 GMT The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations. Full Article
ign Austria, Luxembourg and Singapore among countries signing-on to end tax secrecy By www.oecd.org Published On :: Wed, 29 May 2013 09:00:00 GMT As a further sign of international efforts to crack down on tax offenders, 12 more countries have signed, or committed to sign, the OECD’s Multilateral Convention on Mutual Administrative Assistance in Tax Matters. In addition, another 6 countries have ratified the Convention. Full Article
ign Highlights from the OECD Sovereign Borrowing Outlook N°4 By www.oecd.org Published On :: Thu, 15 Dec 2011 00:00:00 GMT OECD governments are facing unprecedented challenges in the markets for government securities as a result of continued strong borrowing amid a highly uncertain environment with growing concerns about the pace of recovery, surging borrowing costs, sovereign risk and contagion pressures. The fourth OECD Sovereign Borrowing Outlook provides estimates for 2011 and projections for 2012. Higher than anticipated gross borrowing needs of Full Article
ign Sovereign borrowing set to fall in 2014, says OECD By www.oecd.org Published On :: Fri, 28 Mar 2014 15:25:00 GMT Borrowing operations by OECD governments are set to decrease, as their borrowing needs continue to decline, according to a new OECD report. Net borrowing needs are projected to fall from USD 2.0 trillion in 2013 to USD 1.5 trillion in 2014, the lowest level since 2007. Full Article
ign China signs cooperation agreements with OECD and joins OECD Development Centre By www.oecd.org Published On :: Wed, 01 Jul 2015 11:00:00 GMT In a historic visit by Chinese Premier Li Keqiang to the OECD in Paris, the People’s Republic of China today decided to enhance longstanding collaboration with the OECD and to join the OECD Development Centre. Full Article
ign Design of funded private pensions needs to be improved By www.oecd.org Published On :: Mon, 05 Dec 2016 11:00:00 GMT Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. However, their design needs to be improved, according to a new OECD report. Full Article
ign Sovereign borrowing outlook for OECD countries, 2007 to 2017 By www.oecd.org Published On :: Wed, 15 Feb 2017 12:46:00 GMT Sovereign gross borrowing needs in the OECD area have continued to decline from the peaks attained in 2012. They are expected to be USD 9.5 trillion in 2017, approximately the same level as 2016. Full Article