This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Israel.
Israel is not sufficiently proactive in detecting and investigating foreign bribery, with no prosecutions over the past 7 years, despite 14 allegations of foreign bribery involving Israeli individuals or companies. The OECD Working Group on Bribery is, however, encouraged by the recently-opened investigations, and will pay close attention to how these evolve.
The OECD Working Group on Bribery will release a review of Israel’s efforts to fight foreign bribery on Wednesday 24 June 2015 at 11.00 CET.
In 2013, Israel’s net ODA amounted to USD 202 million, representing an increase of 2% in real terms over 2012. The ratio of ODA as a share of GNI remained stable at 0.07%.
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
The economic crisis that started in 2007 gave rise to a crisis of legitimacy and a widespread collapse of trust in markets, in firms, and in the governance of our economies. We need to build up that trust again and the OECD Guidelines for Multinational Enterprises and the OECD Anti-Bribery Convention are essential tools for fighting bribery and promoting responsible corporate behaviour.
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.
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This report outlines Israel's response to the recommendations and follow-up issues identified by the Working Group at the time of Israel's Phase 2 examination in June-July 2009.
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This report evaluates whether the legal texts through which Israel has implemented the Anti-Bribery Convention meet the standards set by the Convention and 1997 Revised Recommendation, and highlights actions to implement the 1996 Recommendation on the tax deductibility of bribes to foreign public officials. The report also describes features of Israel's framework for enforcing the Anti-Bribery Convention. The Working Group found that
On 11 March 2009, Israel became the 38th signatory to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.