foreign Portugal needs proactive enforcement to tackle severe foreign bribery risks, says OECD By www.oecd.org Published On :: Thu, 20 Jun 2013 11:00:00 GMT Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries. Full Article
foreign Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded. Full Article
foreign New Zealand not immune from foreign bribery, says OECD By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts. Full Article
foreign Progress made but Chile should better detect and thoroughly investigate foreign bribery, says OECD By www.oecd.org Published On :: Tue, 18 Mar 2014 11:00:00 GMT Chile has made positive efforts to implement the Convention, but there has not been a single foreign bribery conviction. Chile did not sufficiently investigate several of the six foreign bribery allegations that have surfaced since 2001. Chile should improve its investigative and detection efforts, says OECD Full Article
foreign Lack of enforcement jeopardises South Africa’s fight against foreign bribery; OECD concerned that political and economic considerations may be an influence By www.oecd.org Published On :: Tue, 18 Mar 2014 11:00:00 GMT South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery. Full Article
foreign Estonia needs to promptly address rising foreign bribery risks, says OECD By www.oecd.org Published On :: Thu, 12 Jun 2014 09:01:00 GMT Estonia’s framework for combating foreign bribery may be inadequate to efficiently tackle rising foreign bribery risks resulting from its increasingly export-intensive economy. Full Article
foreign Slovenia must urgently prioritise the fight against foreign bribery, says OECD By www.oecd.org Published On :: Thu, 12 Jun 2014 09:15:00 GMT Serious steps must be taken by Slovenia to ensure that it effectively detects, investigates and prosecutes allegations of transnational bribery. Full Article
foreign Statement of OECD Working Group on Bribery on Spain’s efforts to amend its Penal Code and to enforce its foreign bribery offence By www.oecd.org Published On :: Thu, 12 Jun 2014 14:37:00 GMT The OECD Working Group on Bribery supports Spain’s efforts to further reform its Penal Code to bring its anti-bribery law into line with its international obligations under the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions. Full Article
foreign 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
foreign Despite progress made and improved legal framework, OECD seriously concerned about Turkey’s level of detection and investigation of foreign bribery By www.oecd.org Published On :: Thu, 23 Oct 2014 11:22:00 GMT Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003. Full Article
foreign Brazil closes legal loophole on foreign bribery: OECD hopes this will now translate into stepped up enforcement By www.oecd.org Published On :: Wed, 29 Oct 2014 13:00:00 GMT Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery. Full Article
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign 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
foreign Nepal Foreign Direct Investment By tradingeconomics.com Published On :: Wed, 26 Jun 2019 11:11:00 GMT Foreign Direct Investment in Nepal increased by 17512.80 NPR Million in 2018. Foreign Direct Investment in Nepal averaged 4159.94 NPR Million from 2001 until 2018, reaching an all time high of 17512.80 NPR Million in 2018 and a record low of -469.70 NPR Million in 2006. This page provides - Nepal Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
foreign Rwanda Foreign Direct Investment By tradingeconomics.com Published On :: Mon, 28 Oct 2019 17:12:00 GMT Foreign Direct Investment in Rwanda increased by 305.50 USD Million in 2018. Foreign Direct Investment in Rwanda averaged 238.14 USD Million from 2009 until 2018, reaching an all time high of 314.70 USD Million in 2014 and a record low of 118.67 USD Million in 2009. This page provides - Rwanda Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Full Article
foreign Belgium should address “flagrant” lack of resources for fighting foreign bribery, says OECD By www.oecd.org Published On :: Thu, 17 Oct 2013 11:00:00 GMT Fighting foreign bribery is not a priority in Belgium. Together with the flagrant lack of resources for Belgian law enforcement authorities, this has resulted in very few foreign bribery investigations and prosecutions. In the 14 years since the entry into force of the foreign bribery offence in Belgium, only one case of bribery of foreign public officials has been concluded. Full Article