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For more than two decades, the world's economic growth and development was largely fuelled by globalisation-the opening up of financial and product markets, and the emergence of economies such as China, India and Brazil. This process was hit by an earthquake with the global financial crisis of 2008, an event which some have dubbed the “first crisis of globalisation”.
The OECD will carry out a three-year project to promote business integrity in the Middle East and North Africa.
Transnational bribery enforcement under the U.S. Foreign Corrupt Practices Act (FCPA) has increased significantly since the last OECD evaluation of the implementation of the OECD Anti-Bribery Convention by the United States, according to a new OECD report.
Finland needs to take urgent steps to raise awareness among Finnish companies that they are criminally liable under Finnish law if they, or their local agents or subsidiaries on their behalf, bribe public officials when doing business abroad.
South Africa should step up its efforts to detect, investigate and prosecute cases of bribery in international business deals, according to a new report by the OECD’s Working Group on Bribery.
OECD Secretary-General Angel Gurría today welcomed the passage into law of the UK Bribery Bill.
Turkey has made significant progress in its efforts to combat bribery in international business deals by fully implementing all but one of the recommendations made by the OECD Working Group on Bribery since 2007.
Companies should put in place strict internal controls and establish ethics and compliance programmes as part of a strategy to combat bribery in international business deals, according to a new guidance agreed by the 38 countries that are party to the OECD Anti-Bribery Convention.
The OECD Working Group on Bribery sharply criticised the Slovak Republic’s failure to bring its anti-bribery law on corporate liability into line with its international obligations under the OECD Anti-Bribery Convention.
Israel should be more proactive in detecting, investigating and prosecuting foreign bribery cases, notably those involving the defence industry, according to a new report by the OECD Working Group on Bribery.