The new OECD Recommendation responds to a need for guidance on how the public sector can ensure that it receives value for money from using Public-Private Partnerships (PPP).
The Code of Liberalisation of Capital Movements and the Code of Liberalisation of Current Invisible Operations constitute legally binding rules, stipulating progressive, non-discriminatory liberalisation of capital movements, the right of establishment and current invisible transactions (mostly services). All non-conforming measures must be listed in country reservations against the Codes.
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The National Treatment instrument stipulates that adhering countries shall accord to foreign-controlled enterprises on their territories treatment no less favourable than that accorded in like situations to domestic enterprises.
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Regularly updated, this document compiles countries’ own listings of the steps they have taken and plan to take in order to ratify and implement the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
Countries’ implementation and enforcement of the OECD Anti-Bribery Convention is monitored by the OECD Working Group on Bribery through a rigorous peer-review monitoring system, which Transparency International calls the “gold standard” of monitoring.
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This table shows the ratification status for each of the countries that are parties to the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.
The Working Group is responsible for monitoring the implementation and enforcement of the OECD Anti-Bribery Convention, the 2009 Anti-Bribery Recommendation and related instruments.
The OECD has long been at the forefront in efforts to develop international rules relating to capital movements, international investment and trade in services. Member governments have established "rules of the game" for themselves and for multinational enterprises based in their economies by means of legal instruments to which all members must adhere.
This Recommendation was adopted by the OECD in order to enhance the ability of the 39 States Parties to the Anti-Bribery Convention to prevent, detect and investigate allegations of foreign bribery.