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Germany has cracked down on the bribery of foreign public officials in recent years, prosecuting and sanctioning nearly 70 individuals and 6 companies to date. But it should do even more to prosecute companies and should apply tougher sanctions.
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.
Recent reforms will still be insufficient to cover increased pension costs in the future, despite increases in retirement ages in half of OECD countries, according to a new OECD report.
The OECD is developing a new initiative to improve coordination of anti-corruption and transparency initiatives - first within its member countries, and then with all other relevant players, including governments, international organisations, NGOs and the private sector.
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The Aircraft Sector Understanding
The Chair of the OECD's Working Group on Bribery has expressed concern that the entry into force of the new Bribery Act is to be delayed.
The Global Forum on Transparency and Exchange of Information for Tax purposes, hosted by the OECD, has released ten reports which evaluate jurisdictions’ commitment to tax transparency and examine whether information is made available and accessible to foreign tax authorities.
OECD Secretary- General Angel Gurría has welcomed the pension reform plan announced by the Spanish government.
Surging food and commodity prices are undermining efforts to tackle global poverty and hunger and threaten economic growth, said OECD Secretary-General Angel Gurría.
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Housing and the Economy: Policies for Renovation