re 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
re 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
re FDI in Figures, October 2015 By www.oecd.org Published On :: Thu, 29 Oct 2015 13:30:00 GMT Global FDI flows picked up in the first half of 2015, increasing by 13% compared to the second half of 2014. If we exclude the drop in the first half of 2014, global flows have been on a rising trend since the first half of 2013. Full Article
re Uzbekistan must enforce anti-corruption laws and strengthen public sector integrity By www.oecd.org Published On :: Wed, 04 Nov 2015 16:50:00 GMT Uzbekistan has adopted its first anti-corruption action plan and established an anti-corruption coordination commission. Nevertheless corruption is widespread in Uzbekistan and remains a key obstacle for business. Full Article
re G20/OECD Report on G20 Investment Strategies: Highlights By www.oecd.org Published On :: Mon, 16 Nov 2015 11:16:00 GMT The OECD has produced assessments of country-specific investment strategies in G20 countries in order to improve the investment ecosystem, foster efficient infrastructure investment and support financing opportunities for SMEs. This booklet reproduces the highlights of these assessments which have been transmitted to G20 leaders for consideration at their Summit in November 2015.. Full Article
re Climate change disclosure in G20 countries: Stocktaking of corporate reporting schemes By www.oecd.org Published On :: Wed, 18 Nov 2015 09:46:00 GMT This report on climate change disclosure in G20 countries takes stock of mandatory climate change reporting schemes in G20 countries and identifies commonalities and divergences between the various schemes. Full Article
re OECD/Euromoney Conference on long-term investment financing By www.oecd.org Published On :: Thu, 19 Nov 2015 11:22:00 GMT Paris, 19-20 November 2015: Bringing together senior executives representing the world’s largest institutional investors, senior policy makers and regulators, debates focused on issues affecting long-term investment, including: asset allocation concepts; regulation; governance; energy and natural resources; and, brownfield and greenfield infrastructure. Full Article
re Mineral supply chain and conflict links in Eastern Democratic Republic of Congo By www.oecd.org Published On :: Thu, 19 Nov 2015 12:16:00 GMT Focused mainly on the Democratic Republic of the Congo, this report takes stock of 5 years of implementation of national and international programmes and initiatives designed to operationalise the recommendations of the OECD Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas in the Great Lakes Region of Central Africa. Full Article
re 2015 International Workshop on Responsible Mineral Supply Chains By www.oecd.org Published On :: Wed, 02 Dec 2015 17:40:00 GMT This meeting will provide the opportunity to discuss the role of governments, international partners and businesses in promoting responsible mineral supply chains from conflict-affected and high-risk areas. Participants will learn first hand about international standards and approaches, and be able to ask questions to experts in supply chain due diligence implementation. Full Article
re Climate disclosure: knowledge powers change By oecdinsights.org Published On :: Fri, 11 Dec 2015 00:11:00 GMT Everybody is interested in the impacts of what companies are doing and the environmental practices and impacts of doing business are coming under increasing scrutiny. OECD Secretary-General Angel Gurría looks at how both governments and investors are ready to scale up climate disclosure and the use of climate information. Full Article
re The legal framework applicable to joint interpretive agreements of investment treaties By dx.doi.org Published On :: Wed, 10 Feb 2016 18:32:00 GMT Most investment treaties do not expressly address joint interpretations and thus leave the issue to more general rules. This paper addresses the general legal framework applicable to joint agreements by treaty parties about the interpretation of treaties. It outlines key concepts and distinctions, and considers effects on third parties. Full Article
re Co-operation on approaches to macro-prudential and capital flow management measures: Update by the IMF and the OECD By www.oecd.org Published On :: Tue, 16 Feb 2016 09:46:00 GMT This update report by the IMF and the OECD was delivered to G20 in February 2016. Full Article
re Launch of the OECD-FAO Guidance for Responsible Agricultural Supply Chains By www.oecd.org Published On :: Fri, 11 Mar 2016 09:14:00 GMT 11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights. Full Article
re Conference on investment treaties: The quest for balance between investor protection and governments’ right to regulate By www.oecd.org Published On :: Mon, 14 Mar 2016 12:19:00 GMT Paris, 14 March 2016: Organised by the OECD-hosted Freedom of Investment Round-table, this conference will explore how governments are balancing investor protection and how to improve balance through new institutions. Full Article
re Boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia By www.oecd.org Published On :: Thu, 21 Apr 2016 17:43:00 GMT 21 April 2016, Paris: The OECD will host a High-Level Meeting on boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia. Full Article
re 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
re Report on Due diligence in Colombia's Gold Supply Chain: Overview By www.oecd.org Published On :: Fri, 29 Apr 2016 15:44:00 GMT This report is the first of a series of assessments on Colombian gold supply chains and aims to develop an initial approach and analysis for how risks outlined in Annex II of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas are relevant in the Colombian context. Full Article
re FDI in Figures, April 2016 By www.oecd.org Published On :: Fri, 29 Apr 2016 17:41:00 GMT In 2015, global FDI flows increased by 25% to USD 1.7 trillion, reaching their highest level since the global financial crisis began in 2007. Corporate and financial restructuring played a large role. Full Article
re 10th Forum on responsible mineral supply chains By www.oecd.org Published On :: Tue, 10 May 2016 14:16:00 GMT 10-12 May, Paris: The 2016 forum focused on compliance and implementation of the OECD Due Diligence Guidance, including how to maximise the positive impacts on livelihoods through due diligence; viable options for trade in artisanal and small-scale mined gold; and identifying and preventing the worst forms of child labour in the mineral supply chain. Full Article
re Organising sporting events: Preventing corruption and promoting responsible business conduct By www.oecd.org Published On :: Thu, 12 May 2016 08:13:00 GMT This brochure looks at the corruption, labour, human rights and environmental risks associated with the organisation of large sporting events. It describes how OECD instruments and expertise in implementation of complex projects can help host governments, event organisers and their business partners ensure that the world of sport remains associated with the traditional values of excellence and fair play. Full Article
re OECD Report to G7 Leaders on Responsible Business Conduct By www.oecd.org Published On :: Tue, 07 Jun 2016 11:00:00 GMT This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders’ Declaration in the area of responsible business conduct. Four areas of action are covered: outreach on responsible business conduct (RBC) standards to other countries; development of guidance for supply chain due diligence; monitoring of multi-stakeholder initiatives; and strengthening National Contact Points. Full Article
re International Anti-Corruption Practitioner Conference By www.oecd.org Published On :: Tue, 14 Jun 2016 17:37:00 GMT 14-16 June 2016, Paris: The OECD hosted an International Anti-Corruption Conference organised by the French Ministry of Justice, and with the support of the World Bank and the United Kingdom. This conference brought together representatives from anti-corruption authorities worldwide responsible for investigating and prosecuting corruption. Full Article
re 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
re G20 agrees Guiding Principles for Global Investment Policymaking By www.oecd.org Published On :: Mon, 11 Jul 2016 10:27:00 GMT Shanghai, 9-10 July 2016: G20 Trade Ministers reinforced their "determination to promote inclusive, robust and sustainable trade and investment growth" with the adoption of the G20 Guiding Principles for Global Investment Policymaking. Full Article
re 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
re Annual Report on the OECD Guidelines for Multinational Enterprises 2015 By www.oecd.org Published On :: Thu, 21 Jul 2016 10:42:00 GMT This report covers the activities undertaken to promote the effective implementation of the OECD Guidelines for Multinational Enterprises by governments and National Contact Points from July 2014 to December 2015. Full Article
re State-to-State dispute settlement and the interpretation of investment treaties By dx.doi.org Published On :: Tue, 13 Sep 2016 19:26:00 GMT Many governments have expressed concerns about the uncertainty linked to the perceived inconsistency of treaty interpretation in Investor-State dispute settlement. This working paper looks at how governments can take action to improve the interpretation of investment treaties through consideration of the potential role of State-to-State dispute settlement in this area. Full Article
re Anti-corruption Reforms in Eastern Europe and Central Asia By www.oecd.org Published On :: Wed, 14 Sep 2016 18:49:00 GMT Countries in Eastern Europe and Central Asia have introduced important anti-corruption reforms in recent years. However, corruption in the region remains high. This report identifies progress achieved as well as challenges which require further action by countries. Full Article
re MENA countries need structural reforms to spur trade, investment, jobs and trust By www.oecd.org Published On :: Tue, 04 Oct 2016 11:00:00 GMT Middle Eastern and North African countries should press ahead with further economic and structural reforms to boost flagging trade and investment, restore public trust and create jobs for the region’s young population, the OECD told ministers from the region today. Full Article
re 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
re 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
re 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
re Azerbaijan should take strong and comprehensive measures to fight entrenched corruption By www.oecd.org Published On :: Thu, 13 Oct 2016 15:58:00 GMT Azerbaijan has made progress in preventing corruption in several sectors, such as public services delivery, traffic police and public education, and reforms have started in customs and business licencing. However, serious and complex corruption challenges have yet to be tackled, says a new OECD report. Full Article
re Mejorar la coordinación entre los distintos niveles de gobierno en Colombia permitirá a una inversión pública más eficiente By www.oecd.org Published On :: Thu, 13 Oct 2016 23:00:00 GMT La inversión pública en Colombia ha aumentado sustancialmente en los últimos años hasta alcanzar casi el 4% del PIB, una cifra superior a la media OCDE de 3.2%. Sin embargo, según indica un nuevo informe de la OCDE, para hacer frente a la brecha en infraestructuras y para superar las desigualdades territoriales será necesario que el país mantenga y amplíe sus esfuerzos en materia de inversión. Full Article
re Mongolia should step up anti-corruption reforms By www.oecd.org Published On :: Thu, 27 Oct 2016 11:14:00 GMT Mongolia has made significant progress in developing its anti-corruption policy, legislation and institutions over the past few years. However, progress has recently slowed and there are increasing concerns about the future direction and pace of reforms, according to a new OECD report. Full Article
re 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
re OECD and AfDB launch powerful tool to help African companies prevent bribery By www.oecd.org Published On :: Fri, 28 Oct 2016 13:37:00 GMT New guidance from the AfDB and the OECD will help African companies of all sizes set up measures to prevent bribery and improve the quality of corporate compliance and anti-bribery policies. Full Article
re COP22 session on enabling policies for green investment and development By www.oecd.org Published On :: Wed, 09 Nov 2016 17:54:00 GMT 9 November 2016, Marrakesh - This COP22 side event will focus on the role of policies and domestic enabling conditions to encourage private investment in green infrastructure in developing countries, drawing on lessons learned from country-specific experiences in Jordan and Viet Nam. Full Article
re New OECD guidance aims to reduce corruption in aid sector By www.oecd.org Published On :: Fri, 09 Dec 2016 14:23:00 GMT New international guidance on fighting corruption in the development sector goes into effect today, backed by more than 40 countries, with progress on agreed recommendations to be monitored by the OECD Working Group on Bribery. Full Article
re 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
re 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
re Conference on business, finance and gender By www.oecd.org Published On :: Wed, 08 Mar 2017 16:09:00 GMT Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace. Full Article
re 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
re 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
re 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
re 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
re 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
re Responsible business conduct in the financial sector By www.oecd.org Published On :: Tue, 28 Mar 2017 12:36:00 GMT Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. Although the Guidelines’ due diligence recommendations can help financial institutions, the inherent complexities in the sector create challenges. This paper highlights key considerations for institutional investors in carrying out due diligence that will help to identify and respond to environmental and social risks. Full Article
re 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
re 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