In 2007, South Africa signed up to the OECD Anti-Bribery Convention and joined the Working Group on Bribery in International Business Transactions, a group made up of representatives from all 38 signatory countries which monitors the convention's implementation and enforcement.
Bid rigging costs governments and taxpayers billions of dollars every year. In 2011, the OECD will for the first time directly assist a member country, Mexico, as it implements tighter public procurement processes.
Iceland must do more to ensure its law enforcement authorities are coordinated and adequately resourced to investigate and prosecute economic and financial crime, including foreign bribery, says the OECD in a new report.
Dans le combat mondial contre la corruption, l'OCDE a contribué à mettre en place certaines des armes les plus importantes. Aujourd'hui, avec une nouvelle initiative, elle s'associe à ses partenaires dans ce combat mondial afin de renforcer l'arsenal collectif contre la corruption.
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.