Share

By Date


  • 7-December-2023

    English

    Dividend Tax Fraud - Raising Awareness of Dividend Stripping Schemes

    Dividend stripping is a type of fraud that is committed through a complex mechanism of trading, selling and repurchasing shares over a certain period to unlawfully avoid payment of dividend taxes, or to claim unjustified tax reimbursements. Dividend stripping in its many forms poses a great challenge to the tax bases of numerous jurisdictions and may create market distortions that corrode the integrity of the financial system. This report is intended to raise awareness of dividend stripping frauds and provides a number of recommendations for countries around recognising the risk, improving domestic co-ordination and expanding international co-operation. In particular, tackling dividend stripping requires strong domestic inter-agency co-ordination and international co-operation, as well as the sharing of information between jurisdictions. Countries may therefore wish to prepare targeted actions and comprehensive strategies against this phenomenon, including not only tax administrations and law enforcement, but also financial regulators and supervisory authorities, as well as anti-money laundering competent authorities. Legislative changes may also be required in some cases.
  • 22-November-2023

    English

    Misuse of Citizenship and Residency by Investment Programmes

    Citizenship and residency by investment (CBI/RBI) programmes are government-administered programmes that grant citizenship or residency to foreign investors by expediting or bypassing normal migration processes. These programmes can help spur economic growth through foreign direct investment, but they are also attractive to criminals and corrupt officials seeking to evade justice and launder the proceeds of crime reaching into the billions of dollars. This report highlights how CBI programmes can allow criminals more global mobility and help them hide their identity and criminal activities behind shell companies in other jurisdictions. It highlights the vulnerabilities of these complex and international investment migration programmes, including the frequent use of intermediaries, involvement of multiple government agencies, abuse by professional enablers and lack of proper governance of the CBI/RBI programmes. The report proposes measures and examples of good practice, that can help policy makers and those responsible for managing the investment migration programmes address these risks. These include an in-depth analysis and understanding of how criminals can exploit CBI or RBI programmes and incorporating risk mitigation measures, such as multi-layer due diligence, in the design of the investment migration programme.
  • 19-October-2023

    English

    While important legislative and institutional framework enhancements are welcomed, Canada must boost its efforts to fight foreign bribery, says the OECD Working Group on Bribery

    Canada has undertaken important legislative reforms to enhance its foreign bribery framework since 2011, including the Remediation Agreement (RA), a non-trial resolution mechanism introduced in 2018. Despite these commendable efforts, Canada’s enforcement of the foreign bribery offence remains low.

    Related Documents
  • 19-October-2023

    English

    Brazil - OECD Anti-Bribery Convention

    This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Brazil.

    Related Documents
  • 19-October-2023

    English

    Romania - OECD Anti-Bribery Convention

    This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Romania.

    Related Documents
  • 19-October-2023

    English

    Canada - OECD Anti-Bribery Convention

    This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Canada.

    Related Documents
  • 26-September-2023

    English

    Monitoring the OECD Anti-Bribery Convention in Türkiye: Call for contributions

    The OECD has launched a call for contributions to the third phase of monitoring the implementation of the OECD Anti-Bribery Convention in Türkiye by the OECD Working Group on Bribery. The deadline for written submissions is 31 October 2023.

    Related Documents
  • 8-August-2023

    English

    Policy Guidance on Mitigating the Risks of Illicit Financial Flows in Oil Commodity Trading - Enabling Integrity in the Energy Transition

    This Policy Guidance is a product of the Development Assistance Committee’s multi-year programme of work on Illicit Financial Flows (IFFs) in oil commodity trading. It proposes a set of relevant, feasible actions for providers of official development assistance (ODA) to respond to IFFs in oil commodity trading. The aim is to enhance the mobilisation of domestic resources for the benefit of populations living in oil-producing developing countries, and enable integrity in their energy transition, particularly in carbon trade.
  • 24-July-2023

    English

    Romania joins the OECD Anti-Bribery Convention

    Romania has completed the process to become the 45th Party to the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (the OECD Anti-Bribery Convention) demonstrating its commitment to transparency and the fight against corruption.

    Related Documents
  • 18-March-2023

    English

    Slovenia - OECD Anti-Bribery Convention

    This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Slovenia.

    Related Documents
  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 > >>