at Roundtable on the OECD Guidelines for Multinational Enterprises and the Law By www.oecd.org Published On :: Sat, 17 Sep 2016 18:40:00 GMT 17 September 2016, Washington DC - This event brought together legal practitioners and experts to focus on how international standards on responsible business conduct are impacting legal practice as well as how legal tools can be used to strengthen ethical business practices throughout global supply chains. Full Article
at Statement of OECD Working Group on Bribery: Ireland’s Laws for Combating International Bribery need Urgent Reform By www.oecd.org Published On :: Tue, 11 Oct 2016 10:53:00 GMT Ireland still needs to make substantial progress on key recommendations issued three times since March 2007 by the OECD Working Group on Bribery with regard to improving its domestic criminal law as it applies to bribery by Irish individuals and companies in their international business transactions. Full Article
at Ukraine must eliminate obstacles to effectively implement anti-corruption reforms By www.oecd.org Published On :: Tue, 11 Oct 2016 11:22:00 GMT Ukraine has made considerable progress in the area of anti-corruption reform but faces significant challenges to implement some important tools for combating corruption, according to a recent OECD report. Full Article
at Statement of OECD Working Group on Bribery: Russia’s Legislation for Combating International Bribery needs Reform as a Matter of Urgency By www.oecd.org Published On :: Thu, 13 Oct 2016 10:19:00 GMT Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013. Full Article
at Georgia should focus on combating high-level and complex corruption By www.oecd.org Published On :: Thu, 13 Oct 2016 16:04:00 GMT Georgia has achieved remarkable progress in eliminating petty corruption in the public administration and should now focus on combating high-level and complex corruption, according to a new OECD report. Full Article
at Holding companies, not just individuals, responsible for corporate crime By oecdinsights.org Published On :: Fri, 28 Oct 2016 10:30:00 GMT Brandon L. Garrett is the Justice Thurgood Marshall Distinguished Professor of Law at the University of Virginia School of Law and author of Convicting the Innocent (2011) and Too Big to Jail (2014). These comments on corporate criminal liability are a contribution to a public consultation conducted by the OECD Working Group on Bribery. Full Article
at 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
at Consultation on Follow-up to the OECD Anti-Bribery Ministerial Meeting By www.oecd.org Published On :: Thu, 08 Dec 2016 15:55:00 GMT This Working Group on Bribery consultation with the private sector and civil society will focus on how best to follow-up on OECD Anti-Bribery Ministerial Meeting. Full Article
at 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
at Roundtable on 40 years of the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Mon, 19 Dec 2016 12:04:00 GMT 19 December 2016, Paris: On the occasion of the 40th anniversary of the OECD Guidelines for Multinational Enterprises, this roundtable convened a wide range of stakeholders from international organisations, governments, business, civil society, and academia involved in working with the Guidelines. Full Article
at Overcoming international co-operation challenges in corruption cases: Perspectives from the April 2016 Beijing Workshop By www.oecd.org Published On :: Wed, 21 Dec 2016 13:22:00 GMT The paper summarises views expressed by practitioners at a workshop in Beijing on 13-14 April 2016 with respect to contemporary challenges in international co-operation in corruption cases and possible solutions to mitigate these challenges. It has a practical orientation and is intended to contribute to ongoing dialogue at national and multilateral levels on enhancing international co-operation. Full Article
at OECD Global Forum on International Investment By www.oecd.org Published On :: Mon, 06 Mar 2017 21:14:00 GMT Paris, 6 March 2016 - The 2017 Global Forum contributed to the broader policy debate about how to address globalisation failures from an international investment perspective. Debates addressed options for reforming the international investment policy regime across three dimensions: openness, responsibility and inclusiveness. Full Article
at Statement of the OECD Working Group on Bribery on Italy's implementation of the Anti-Bribery Convention By www.oecd.org Published On :: Tue, 21 Mar 2017 16:00:00 GMT The OECD Working Group on Bribery commends Italy for the adoption of a Bill on 15 March, by the Italian Senate, which, if adopted by the Chamber of Deputies, would significantly extend the statute of limitations to allow more time to prosecute and sanction foreign bribery cases. Full Article
at 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
at Argentina must urgently enact Corporate Liability Bill to rectify serious non-compliance with Anti-Bribery Convention By www.oecd.org Published On :: Fri, 24 Mar 2017 11:00:00 GMT Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance. Full Article
at FDI Regulatory Restrictiveness Index By www.oecd.org Published On :: Mon, 27 Mar 2017 10:31:00 GMT The FDI Regulatory Restrictiveness Index (FDI Index) measures statutory restrictions on foreign direct investment in 58 countries, including all OECD and G20 countries, and covers 22 sectors. Full Article
at 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
at Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 28 Mar 2017 23:08:00 GMT Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. Full Article
at Statement of OECD Secretary-General on the death of two members of the UN Group of Experts on the Democratic Republic of the Congo By www.oecd.org Published On :: Tue, 04 Apr 2017 17:04:00 GMT “I am deeply saddened to learn about the tragic deaths of Michael Sharp and Zaida Catalan, members of the UN Group of Experts on the Democratic Republic of the Congo (DRC). On behalf of my Organisation, I wish to convey our condolences to their families and colleagues from the UN and beyond, who had the pleasure of working with them." Full Article
at Advisory Group on Anti-Corruption and Integrity Delivers Recommendations for OECD By www.oecd.org Published On :: Fri, 07 Apr 2017 16:19:00 GMT An independent group of leading anti-corruption and integrity experts recommends doing more to enforce and develop anti-corruption standards and enhancing collaboration with other international organisations in a report on ways the OECD can strengthen its vital work in combating bribery and promoting integrity. Full Article
at Lending volumes and credit conditions are improving for SMEs, but many firms continue to struggle to obtain financing that meets their needs By www.oecd.org Published On :: Fri, 21 Apr 2017 14:30:00 GMT Lending volumes and credit conditions for small and medium-sized enterprises (SMEs) have gradually improved, according to a new report from the OECD, but demand-side obstacles such as a lack of financial knowledge are contributing to holding back a stronger recovery. Full Article
at Investment governance and the integration of environmental, social and governance factors By www.oecd.org Published On :: Tue, 02 May 2017 16:37:00 GMT This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes. Full Article
at Taking action on climate change will boost economic growth By www.oecd.org Published On :: Tue, 23 May 2017 09:00:00 GMT Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new OECD report prepared in the context of the German Presidency of the G20. Full Article
at Can better international co-operation help build a fairer global economy? By www.oecd.org Published On :: Tue, 30 May 2017 14:12:00 GMT Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy. Full Article
at Increased international co-operation on financial and corporate issues essential to making globalisation work for all By www.oecd.org Published On :: Tue, 30 May 2017 15:17:00 GMT Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions. Full Article
at 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
at Annual reports on the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 27 Jun 2017 10:50:00 GMT The annual reports on the OECD Guidelines for Multinational Enterprises provide an account of the actions the adhering governments have taken over the previous 12 months to enhance the contribution of the guidelines to the improved functioning of the global economy. Full Article
at What’s holding back investment and innovation in renewable energy? By blogs.lse.ac.uk Published On :: Fri, 21 Jul 2017 18:20:00 GMT There is no shortage of capital available globally to finance renewable-energy projects. The financial sector encompasses more than €100 trillion of assets. So how is it that investment in renewable energy is not flowing faster? This article by OECD policy analyst Geraldine Ang proposes responses to the trillion-dollar question. Full Article
at 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
at The government role in mobilising investment and innovation in renewable energy By www.oecd.org Published On :: Tue, 01 Aug 2017 18:29:00 GMT Successfully attracting investment and innovation in renewable energy requires not only core climate policies, such as pricing carbon, but also a focus on the broader investment environment. Based on new research from the OECD, this article reviews some of the main factors holding back investment and innovation in renewable energy and looks at what governments can do to take action. Full Article
at 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
at 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
at Russia must make fighting international bribery a priority By www.oecd.org Published On :: Wed, 25 Oct 2017 16:55:00 GMT The OECD Working Group on Bribery has serious concerns regarding Russia’s continued failure to implement key legislative reforms to enable it to effectively investigate, prosecute and sanction the offence of foreign bribery. Full Article
at Sweden’s Laws on Corporate Responsibility for International Bribery need Urgent Reform By www.oecd.org Published On :: Wed, 25 Oct 2017 17:01:00 GMT Sweden has still not implemented reforms to its Penal Code initially recommended by the OECD Working Group on Bribery in June 2012. Sweden’s legal provisions on corporate liability do not meet the requirements of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. Full Article
at Data on enforcement of the Anti-Bribery Convention By www.oecd.org Published On :: Tue, 14 Nov 2017 15:42:00 GMT This enforcement data includes the number of criminal, administrative and civil cases of foreign bribery that have resulted in a final disposition, such as a criminal conviction or acquittal, or similar findings under an administrative or civil procedure. Full Article
at Adjudicator Compensation Systems and Investor-State Dispute Settlement By dx.doi.org Published On :: Fri, 24 Nov 2017 18:06:00 GMT Compensation for adjudicators is generally considered as a core issue for judicial independence and for attracting good judges in the institutional design for courts. This paper examines compensation systems for adjudicators and dispute settlement administrators in investor-state dispute settlement. The paper uses in part a comparative perspective based on approaches in domestic courts in advanced economies. Full Article
at Public Consultation: Due Diligence Guidance for Responsible Business Conduct By www.oecd.org Published On :: Mon, 04 Dec 2017 10:24:00 GMT The OECD is developing a general Due Diligence Guidance for Responsible Business Conduct to provide practical support to companies on the implementation of the OECD Guidelines for Multinational Enterprises. The Due Diligence Guidance contains plain language explanations of the due diligence recommendations and associated provisions in the OECD Guidelines and can be used by companies in any sector of the economy. Full Article
at OECD Workshop on corporate disclosure and responsible business conduct By www.oecd.org Published On :: Thu, 07 Dec 2017 12:14:00 GMT 7 December 2017, Paris - This workshop addressed the growing demand for transparency and information on how companies deal with human rights, environmental, social and other "non-financial" issues with a particular focus on how companies are identifying and addressing impacts in their supply chains. Full Article
at Consultation with stakeholders on the Anti-Bribery Convention By www.oecd.org Published On :: Tue, 12 Dec 2017 15:31:00 GMT This consultation with the private sector and civil society will focus on topics suggested by the stakeholders themselves as well as the WGB's new cross-country project on settlement arrangements. Full Article
at 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
at 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
at 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
at Internship opportunities working on anti-corruption at the OECD By www.oecd.org Published On :: Fri, 05 Jan 2018 17:39:00 GMT The OECD Anti-Corruption Division offers short-term internships of 2-6 months for qualified students. These internships provide students with the experience of working in an international organisation on anti-corruption issues and more specifically the OECD Anti-Bribery Convention. Full Article
at Societal benefits and costs of International Investment Agreements: A critical review of aspects and available empirical evidence By dx.doi.org Published On :: Fri, 19 Jan 2018 12:41:00 GMT This paper reviews alleged societal benefits and costs of International Investment Agreements (IIAs) as suggested by academia, governments, business and civil society. It sets out the wide range of issues that diverse actors have proposed in the context of assessing the societal benefits and costs of IIAs. Full Article
at OECD-Latin America anti-corruption programme By www.oecd.org Published On :: Tue, 13 Feb 2018 01:02:00 GMT The OECD-Latin America Anti-Corruption Programme strengthens implementation and enforcement of international and regional anti-corruption conventions and promotes integrity in the Latin American region. Full Article
at Small business access to alternative finance increasing as new bank lending declines By www.oecd.org Published On :: Wed, 21 Feb 2018 19:00:00 GMT Small and medium-sized enterprises (SMEs) are increasingly turning to alternative sources of financing, while new bank lending is declining in a number of countries. Many SMEs remain over-reliant on bank credit, however, and the take-up of instruments other than straight debt varies greatly from one country to another, according to a new OECD report. Full Article
at Survey on the sourcing practices of SMEs operating in the garment and footwear sector supply chain By www.oecd.org Published On :: Wed, 28 Feb 2018 08:28:00 GMT As part of the implementation strategy for the recently adopted OECD Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector, the OECD is conducting a series of surveys that target SMEs operating within the sector. Full Article
at Treaty shopping and tools for investment treaty reform By www.oecd.org Published On :: Mon, 12 Mar 2018 15:12:00 GMT Paris, 12 March 2018 - The fourth annual OECD Investment Treaty Conference addressed treaty shopping -- a controversial investment treaty issue of policy interest for many governments and stakeholders -- and explored tools to help interested governments improve their investment treaty policies. Full Article
at 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
at The role of media and investigative journalism in combating corruption By www.oecd.org Published On :: Tue, 27 Mar 2018 16:26:00 GMT This study explores good practices and challenges in the detection of international corruption cases via media reporting and investigative journalism. Full Article