This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Austria.
Institutional investors (investment funds, insurance companies and pension funds) are major collectors of savings and suppliers of funds to financial markets. Their role as financial intermediaries and their impact on investment strategies have grown significantly over recent years along with deregulation and globalisation of financial markets.
This publication provides a unique set of statistics that reflect the level and structure of the financial assets of institutional investors in the OECD countries, and in the Russian Federation. Concepts and definitions are predominantly based on the System of National Accounts. Data are derived from national sources.
Data include outstanding amounts of financial assets such as currency and deposits, securities, loans, and shares. When relevant, they are further broken down according to maturity and residency. The publication covers investment funds, of which open-end companies and closed-end companies, as well as insurance corporations and autonomous pension funds. Indicators are presented as percentages of GDP allowing for international comparisons, and at country level, both in national currency and as percentages of total financial assets of the investor. Time series display available data for the last eight years.
Die OECD-Arbeitsgruppe gegen Bestechung bedauert, dass in Österreich bisher noch kein Urteil wegen der Bestechung von ausländischen Amtsträgern ergangen ist, obwohl seit der Ratifizierung des entsprechenden OECD-Übereinkommens vor 13 Jahren eine Reihe von Vorwürfen vorlag.
The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.