Russia still needs to make substantial progress on key recommendations issued by the OECD Working Group on Bribery in 2012 and 2013.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Russia.
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.
Russia has yet to address key provisions of the OECD Anti-Bribery Convention, which entered into force in Russia in April 2012. It has not yet fully implemented recommendations for strengthening its framework for combating foreign bribery and should be more proactive in detecting, investigating and prosecuting foreign bribery cases.
Russia today took a major step toward upholding international anti-bribery standards by depositing its instrument of accession to the OECD Convention at a ceremony at the OECD in Paris.
The OECD will today invite the Russian Federation to join the OECD’s Working Group on Bribery and to accede to the OECD’s Anti-Bribery Convention. Secretary-General Angel Gurría will sign an exchange of letters with First Deputy Minister of Foreign Affairs, Andrey Denisov, and Russia’s Minister for Economic Development, Elvira Nabiullina, at a ceremony during the OECD Ministerial Council Meeting.
OECD Secretary-General Angel Gurría welcomed the recent signing into law by Russian President Dimitri Medvedev of legislation that criminalises foreign bribery, with monetary sanctions for companies and individuals who bribe foreign public officials.
In 2007, Russia’s international investment flows reached record highs, making Russia one of the world’s largest recipients and sources of FDI. Russia's potential for attracting even more international investment can be improved by strengthening beneficial competition and offering additional opportunities for investment. Disseminating international standard business practices among Russian firms can also boost the country's
Organised in Helsinki on 21-22 May 2007, this seminar focused on recent developments in Russia’s business climate and investment policy, international investment in the energy sector and policies to promote responsible business conduct and the role of the OECD Guidelines for Multinational Enterprises.
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Обзор инвестиционной политики 2006 года рассматривает изменения, которые произошли в условиях регулирования инвестиций со времени последнего обзора ОЭСР в 2004 году. Он также включает анализ реформы системы контроля за капиталом и российского подхода к международным инвестиционным соглашениям. При оценке этих изменений и подготовке предложений по дальнейшему улучшению в фокусе настоящего Обзора находилась прозрачность инвестиционной