b

Making trade and investment work for people - OECD Insights blog

Both the UN Sustainable Development Goals and the OECD New Approaches to Economic Challenges explicitly recognise that trade and investment are not goals in themselves, but are a means to an end. That desired end is stronger and more inclusive growth, better jobs for more people, and improved societal well-being.




b

The legal framework applicable to joint interpretive agreements of investment treaties

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.




b

Co-operation on approaches to macro-prudential and capital flow management measures: Update by the IMF and the OECD

This update report by the IMF and the OECD was delivered to G20 in February 2016.




b

Statement of the OECD Working Group on Bribery on Belgium’s limited implementation of the Anti-Bribery Convention

The OECD Working Group on Bribery has serious concerns regarding Belgium’s limited efforts to comply with the OECD Anti-Bribery Convention.




b

Statement of the OECD Working Group on Bribery on Finland’s limited implementation of the Anti-Bribery Convention

The OECD Working Group on Bribery expresses its serious concern with Finland’s continued failure to implement the OECD Anti-Bribery Convention.




b

Statement of the OECD Working Group on Bribery on Slovenia’s limited implementation of the Anti-Bribery Convention

The OECD Working Group on Bribery expresses its serious concern regarding the situation of the Commission for the Prevention of Corruption (CPC) in Slovenia.




b

Diagnostic of Chile’s Engagement in Global Value Chains

This OECD report lays an empirical foundation for structuring economic policies to facilitate Chile’s participation in global value chains and to maximise the associated benefits for national firms and workers.




b

Launch of the OECD-FAO Guidance for Responsible Agricultural Supply Chains

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.




b

Conference on investment treaties: The quest for balance between investor protection and governments’ right to regulate

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.




b

OECD Anti-Bribery Ministerial Meeting

16 March 2016, Paris: Chaired by the Italian Minister of Justice, Andrea Orlando, the OECD will host a Ministerial Meeting on the Anti-Bribery Convention to discuss measures to strengthen implementation of the Convention and to exchange ideas on combating foreign bribery and emerging issues.




b

Boosting the impact of anti-corruption reforms in Eastern Europe and Central Asia

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.




b

High-Level OECD Mission to Meet Argentine Officials on Fighting Foreign Bribery

A high-level Working Group mission will visit Buenos Aires on 26-27 April 2016 and meet senior Argentine government officials.




b

2016 G20-OECD High-level roundtable on institutional investors and long-term investment

Singapore, 25 April 2016: This roundtable focused on key themes related to G20 work, in particular the views of the private sector on current work developed by the OECD for the G20 Presidency toward promoting more diversified and innovative infrastructure financing.




b

Inclusive business can help solve the sustainability equation

From the early 2000s, sustainability has emerged as a central policy-making consideration as climate change and population growth have heightened concerns about already-stretched natural resources.




b

Report on Due diligence in Colombia's Gold Supply Chain: Overview

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.




b

10th Forum on responsible mineral supply chains

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.




b

Organising sporting events: Preventing corruption and promoting responsible business conduct

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.




b

OECD Report to G7 Leaders on Responsible Business Conduct

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.




b

Tackling policy fragmentation: the key to getting onto a path of rapid and sustainable productivity growth

Further structural reforms are needed to help the business sector boost productivity growth and overcome the key challenges of sluggish investment in advanced economies and excess capacity in emerging economies, according to a new OECD report.




b

High-level OECD mission to meet Japanese officials on fighting foreign bribery

A high-level Working Group mission will visit Tokyo on 29-30 June 2016 and meet senior Japanese government officials.




b

Japan must make fighting international bribery a priority

The OECD Working Group on Bribery in International Transactions has continuously urged Japan since 2002 to strengthen its efforts to fight bribery by Japanese companies in their foreign business activities, and implementation of the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions.




b

G20 agrees Guiding Principles for Global Investment Policymaking

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.




b

OECD to help put innovation at heart of G20 global growth strategy

Leaders of the G20 countries meeting at their Summit in Hangzhou, China, have called on the OECD to help develop an agenda to build a stronger, more innovative and inclusive world economy.




b

Business Integrity in Eastern Europe and Central Asia

This study explores what governments, business associations, NGOs, and companies do in order to strengthen business integrity with a particular focus on anti-corruption measures in and for the private sector in countries in Eastern Europe and Central Asia, as well as in selected other countries.




b

Roundtable on the OECD Guidelines for Multinational Enterprises and the Law

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.




b

MENA countries need structural reforms to spur trade, investment, jobs and trust

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.




b

Statement of OECD Working Group on Bribery: Ireland’s Laws for Combating International Bribery need Urgent Reform

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.




b

Ukraine must eliminate obstacles to effectively implement anti-corruption reforms

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.




b

Statement of OECD Working Group on Bribery: Russia’s Legislation for Combating International Bribery needs Reform as a Matter of Urgency

Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013.




b

Azerbaijan should take strong and comprehensive measures to fight entrenched corruption

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.




b

Georgia should focus on combating high-level and complex corruption

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.




b

Mejorar la coordinación entre los distintos niveles de gobierno en Colombia permitirá a una inversión pública más eficiente

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.




b

AfDB OECD Workshop on fighting corruption and tackling illicit financial flows from Africa

Abidjan, 27-28 October 2016 - This event focused on transparency and accountability, in particular tackling illicit financial flows and combating corruption. The event provided an occasion to launch the OECD-AfDB Anti-Bribery Policy and Compliance Guidance for African Companies.




b

Holding companies, not just individuals, responsible for corporate crime

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.




b

OECD and AfDB launch powerful tool to help African companies prevent bribery

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.




b

COP22 session on enabling policies for green investment and development

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.




b

Design of funded private pensions needs to be improved

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.




b

Consultation on Follow-up to the OECD Anti-Bribery Ministerial Meeting

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.




b

Liability of Legal Persons for Foreign Bribery: A Stocktaking Report

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.




b

Roundtable on Corporate Liability for Foreign Bribery

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.




b

OECD and IBA join forces to develop practice guidance to equip lawyers in fight against corruption

Following on from the London Anti-Corruption Summit which took place in May 2016, the OECD and the International Bar Association (IBA) have agreed to form a task force to develop professional conduct standards and practice guidance for lawyers involved in establishing and advising on international commercial structures and recommended actions for governments.




b

Roundtable on 40 years of the OECD Guidelines for Multinational Enterprises

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.




b

Overcoming international co-operation challenges in corruption cases: Perspectives from the April 2016 Beijing Workshop

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.




b

OECD Global Forum on International Investment

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.




b

Conference on business, finance and gender

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.




b

Statement of the OECD Working Group on Bribery on Italy's implementation of the Anti-Bribery Convention

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.




b

UK has made strong progress fighting foreign bribery, but uncertainty over Serious Fraud Office role remains

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.




b

High acquittal rate jeopardises Finland's efforts to combat foreign bribery

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.




b

Argentina must urgently enact Corporate Liability Bill to rectify serious non-compliance with Anti-Bribery Convention

Some 16 years after joining the OECD Anti-Bribery Convention, Argentina remains in serious non-compliance.




b

Responsible business conduct in the financial sector

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.