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
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in the United Kingdom.
There have been inaccurate reports that the OECD has announced an investigation into G4S, a UK company that provides security equipment and services. It is in fact the UK National Contact Point for the OECD Guidelines of Multinational Enterprises that is looking at a complaint.
The United Kingdom has significantly boosted its foreign bribery enforcement efforts but needs to be more transparent when resolving cases.
We recently received assurances from the highest levels of the UK government that they would issue guidance which would allow the UK’s Bribery Act 2010 to enter into force,” said OECD Secretary-General Angel Gurría.
The OECD’s Working Group on Bribery has today received assurances from the highest levels of the UK government that the guidance necessary to implement the nation’s Bribery Act 2010 will be published shortly.
English, , 289kb
This report was approved and adopted by the Working Group on Bribery in International Business Transactions on 16 December 2010.
OECD Secretary-General Angel Gurría today welcomed the passage into law of the UK Bribery Bill.
The OECD is pleased to see the commitment being made by the UK government to the fight against foreign bribery,” Mr Gurría said.
At the G20 summit in London on 2 April, governments pledged to do all they can to restore confidence, growth and jobs; repair and strengthen the financial system; promote global trade and investment and reject protectionism; and build an inclusive, green and sustainable recovery for all. The OECD worked behind the scenes with G20 governments and other international organisations to help achieve this successful outcome and further our