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Companies should put in place strict internal controls and establish ethics and compliance programmes as part of a strategy to combat bribery in international business deals, according to a new guidance agreed by the 38 countries that are party to the OECD Anti-Bribery Convention.
Net official development assistance (ODA) to Haiti has fluctuated over the past 20 years since 2002, however, it has increased substantially, with very sharp rises in both development aid and peacekeeping expenditure. As a result of the earthquake that hit Haiti in January 2010, the volume of aid provided to this country in the form of humanitarian assistance will, of course, increase.
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The OECD Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions was adopted by the OECD Council on 26 November 2009. Annex II to the Recommendation, the Good Practice Guidance on Internal Controls, Ethics and Compliance was adopted on 18 February 2010.
The purpose of Phase 2 is to study the structures put in place to enforce the laws and rules implementing the OECD Anti-Bribery Convention and to assess their application in practice.
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This questionnaire is sent to the countries undertaking Phase 3 evaluation under the Procedure of Self- and Mutual Evaluation.
Phase 1 evaluates whether the legal texts through which participants implement the OECD Anti-Bribery Convention meet the standard set by the Convention and initial actions to implement the 1997 Revised Convention Recommendation. The evaluation also provides an opportunity for countries to learn from the experiences and approaches of others.
Rwanda has requested OECD and NEPAD support in benchmarking Rwanda’s progress in investment climate reforms against the Policy Framework for Investment (PFI). In response to this request, a project is being developed within the framework of the NEPAD-OECD Africa Investment Initiative in partnership with the government of Rwanda.
This list provides links to resources available to companies working in weak governance zones who are seeking guidance in the areas of: human rights, humanitarian law and security forces; anti-corruption; and fiscal issues.
Presenting the projections of ODA in 2010, A. Gurría stated that it is crucial that aid pledges must be honoured because they represent an investment in the emergence of effective and decent states around the globe.
Aid to developing countries in 2010 will reach record levels in dollar terms after increasing by 35 per cent since 2004. But it will still be less than the world’s major aid donors promised five years ago at the Gleneagles and Millennium + 5 summits.