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OECD and IOPS invite public comment on draft guidelines on the licensing of pension entities

27-Jul-2007

The OECD and the International Organisation of Pension Supervisors (IOPS) are inviting public comment on draft guidelines to help pensions regulators and supervisory authorities improve the way occupational, private pension entities, such as pension fund management companies or pension trustees, are managed in order to boost their financial security and performance.

Egypt signs the OECD Declaration on International Investment and Multinational Enterprises

23-Jul-2007

On 11 July 2007, Egypt became the first Arab and first African country to sign the OECD Declaration on International Investment and Multinational Enterprises. This marks a new stage in Egypt's drive to attract more foreign direct investment (FDI). A series of policy reforms have helped to underpin a fifteen-fold increase in Egypt’s FDI between 2001 and 2006. FDI reached a record USD 9 billion in the first three quarters of its 2007 fiscal year. This compares with USD 6.1 billion for the whole of 2006.

OECD Anti-Bribery Convention and United Kingdom: Report on Progress of the implementation of the Phase 2 Recommendations since March 2005

13-Jul-2007

Follow-up Report on the Implementation by the United Kingdom of the Phase 2 Recommendations on the Application of the OECD Convention and the 1997 Revised  Recommendation on Combating Bribery of Foreign Public Officials in International Business Transactions.

Egypt should keep up pace of reform to attract more investment, says OECD

11-Jul-2007

Egypt has made impressive progress in reforming its investment policies in recent years but significant barriers to both foreign and domestic businesses remain. Easing these restrictions would attract more investment, increase competition and benefit the economy as a whole, according to a new OECD report.

Slovenia needs to boost awareness to fight foreign bribery, says OECD

03-Jul-2007

Slovenia should strengthen its efforts to raise public and private sector awareness about the fight against foreign bribery, according to a new report by the OECD Working Group on Bribery. The low level of awareness about this issue could be a signal that the priority and commitment given to fighting corruption are declining in Slovenia. Also the Commission for the Prevention of Corruption, which has played a central role in the field of corruption prevention, is facing abolition.

OECD Anti-Bribery Convention and Switzerland: Report on Progress of the implementation of the Phase 2 Recommendations since February 2005

03-Jul-2007

Follow-up Report on the Implementation by Switzerland of the Phase 2 Recommendations on the Application of the OECD Convention and the 1997 Revised  Recommendation on Combating Bribery of Foreign Public Officials in International Business Transactions.

OECD Working Group on Bribery - Annual Report 2006

27-Jun-2007

The aim of this first annual report is to give you a brief overview of the OECD Anti-Bribery Convention and how it works. It will inform you on how the Working Group on Bribery contributes to the global fight against corruption and its main activities in 2006.

South Africa joins the OECD’s Anti-Bribery Convention

26-Jun-2007

On 19 June 2007, South Africa became the 37th signatory and first African country to join the OECD’s Anti-Bribery Convention. Adopted in 1997 and ratified so far by 36 countries, this Convention outlaws the bribery of foreign public officials in international business transactions.

FDI into OECD countries rose 22% in 2006

21-Jun-2007

Foreign direct investment (FDI) into OECD countries in 2006 reached its highest level since 2000 and the near-term outlook for FDI remains strong, buoyed by high corporate profits, low interest rates and robust macroeconomic growth.

South Africa to join the OECD’s Anti-Bribery Convention

12-Jun-2007

South Africa is to become the 37th signatory and first African country to join the OECD’s Anti-Bribery Convention. Adopted in 1997 and ratified so far by 36 countries, this Convention outlaws the bribery of foreign public officials in international business transactions.




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