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.
Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements.
This initiative works to help African countries in their fight against bribery of public officials in business transactions and to improve corporate integrity and accountability
The OECD Guidelines on Corporate Governance of State-Owned Enterprises give concrete advice to countries on how to manage more effectively their responsibilities as company owners, thus helping to make state-owned enterprises more competitive, efficient and transparent.
19 October 2016, Paris: The upsurge of SOEs as global competitors has given rise to concerns related to a level playing field. This workshop focused on the topic of SOEs as global competitors.
Taking risks is a fundamental driving force in business and entrepreneurship. To reap the full rewards of risk-taking, however, firms need to have in place effective risk management practices. This publication provides a stocktaking of ways in which SOEs and those exercising the state’s ownership role address the issue of risk management from the perspective of corporate governance (“risk governance”), as recommended in the OECD Guidelines on Corporate Governance of State-Owned Enterprises. The report looks at this issue from three perspectives: by taking stock, first, of national legal and regulatory SOE risk management frameworks, and then by taking stock of risk-management practices at the level of the SOE and then at the level of the state.
Paris, 18 October 2016: The workshop will bring together investment promotion agencies (IPAs) and policymakers from OECD countries and emerging economies to share their experience and discuss good practices on investment promotion and facilitation.
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17 October 2016, Paris: The G20 Chinese Presidency, the UK and the OECD jointly organised a Seminar on “Corruption and Economic Growth”. Expert panellists recognised the negative impact of corruption on economic growth and society at both the macro and micro level, and stressed the importance of strong political leadership in fighting corruption.
OECD and FAO have developed this Guidance to help enterprises observe standards of responsible business conduct and undertake due diligence along agricultural supply chains in order to ensure that their operations contribute to sustainable development. The Guidance comprises:
• A model enterprise policy outlining the standards that enterprises should observe to build responsible agricultural supply chains;
• A framework for risk-based due diligence describing the five steps that enterprises should follow to identify, assess, mitigate and account for how they address the adverse impacts of their activities;
• A description of the major risks faced by enterprises and the measures to mitigate these risks;
• Guidance for engaging with indigenous peoples.
The scale of the transition to a green, low-emissions and climate-resilient economy is enormous – it is the biggest structural adjustment ever proposed in the field of international governance. The OECD Centre will catalyse and support the transition to a green, low-emissions and climate-resilient global economy through the development of effective policies, institutions and instruments for green finance and investment.