All OECD articles

  • Brazil
    News Brief

    OECD group questions Brazil’s momentum on anti-bribery


    Brazil has made strides in its anti-bribery enforcement efforts, but a working group at the Organization for Economic Cooperation and Development is concerned the country doesn’t have the controls in place to sustain its progress.

  • Bribery

    Report: Global anti-bribery enforcement levels hit record low


    Only the United States and Switzerland can be considered “active enforcers” in tackling foreign bribery, while countries like the United Kingdom and Israel have taken a step back, according to the latest report from Transparency International.

  • OECD

    OECD praises U.S. global anti-bribery enforcement efforts


    In its 10-year check-in report, the Organisation for Economic Co-operation and Development lauded U.S. enforcement authorities for continuing to be at the forefront in the global fight against corruption and offered only minor suggestions for improvements.

  • Business fear

    OECD report: Fear of enforcement drives fight against corruption


    Fear of enforcement and the consequential reputational fallout of an enforcement action are the top drivers for developing an anti-corruption compliance program, states a new report by the Organization for Economic Co-operation and Development.

  • GreekParliament

    A glimpse into Greece’s first anti-corruption chief


    Greece’s government has appointed Angelos Binis as its first ever anti-corruption chief to head the country’s newly created anti-corruption body, the Transparency Authority.

  • Taxes

    Both investors, companies unhappy with FASB’s tax disclosure proposal


    Accounting rulemakers have their work cut out for them trying to determine how to meet investors’ needs for information about corporate tax risks without breaking preparers’ backs.

  • counterpoint icons

    No proof in public register value


    Consultant and independent director Geoff Cook offers evidence on why public registers are still lacking.

  • Blog

    OECD: Brexit to weaken U.K. economic growth


    The Organisation for Economic Co-operation and Development projected that Britain’s exit from the European Union will result in a sharp slowdown in economic growth in the United Kingdom.

  • Article

    OECD releases guidance to ensure responsible business conduct in garment industry


    Neil Hodge offers a look at guidance from the Organisation for Economic Cooperation and Development meant to help businesses in the garment industry identify and mitigate risk in their supply chains.

  • Blog

    Intercompany accounting woes tallied in new poll


    Only a small fraction of companies have strong intercompany accounting, but an onslaught of new tax regulations is giving new reason to get it under control. Tammy Whitehouse has more.

  • Article

    U.S. multinationals meet new IRS transparency rule with open arms


    You’d think that U.S. multinational companies might not welcome new IRS regulations, but here's one companies can live with. In lieu of potentially multiple filing requirements in countries where they have entities, companies are accepting new country-by-country transparency rules in the United States and preparing to comply. Tammy Whitehouse has ...

  • Blog

    Treasury finalizes new country-by-country reporting rules


    The U.S. Treasury has issued final regulations requiring multinational companies to provide country-by-country reporting that will enable tax authorities around the world to compare notes on corporate taxpayers.

  • TaxEvasion

    OECD: More countries commit to tackle tax evasion


    The Organization for Economic Cooperation and Development and the Global Forum on Transparency and Exchange of Information for Tax Purposes has announced that Bahrain, Lebanon, Nauru, Panama, and Vanuatu are now committed to sharing financial account information automatically with other countries. Jaclyn Jaeger has more.

  • Article

    A global glimpse at whistleblower protections in OECD countries


    More OECD countries have put in place dedicated whistleblower protection laws in the past five years than in the previous quarter century, according to analysis by the Organization for Economic Cooperation and Development. But what’s a compliance officer to do when whistleblower protection laws in foreign countries directly contradict whistleblower ...

  • Blog

    NGOs to OECD: global standards needed for foreign bribery settlements


    A group of non-governmental organizations has written a letter to the OECD Working Group on Bribery urging it to develop global standards for corporate settlements based on best practice. Corruption Watch, Global Witness, Transparency International, and the UNCAC Coalition asked the OECD to address “urgently” whether the use of settlements ...

  • Article

    Global Tax Overhaul Moves Forward


    Slowly but surely, developed nations are closing ranks on an international tax agreement intended to crack down global companies parking profits in low-tax jurisdictions. The OECD issued its final recommendations, Base Erosion and Profit Shifting (BEPS) plan, earlier this month, which G-20 countries will then implement locally. Nice idea in ...

  • Blog

    Few OECD Member Countries Make Good on Anti-Bribery Pledge


    Many of the member countries to the OECD’s Anti-Bribery Convention are not doing enough to prevent bribery and corruption, according to a new report from Transparency International. Twenty-two of the 41 signatory countries have “failed to investigate or prosecute any foreign bribery case during the last four years,” TI said. ...

  • Blog

    More Disclosures Needed From Public Officials, Says OECD


    Image: The pursuit of good governance is never easy. According to a recent Organization for Economic Cooperation and Development survey, inadequate disclosures, lack of whistleblower protection laws, and  concerns about integrity have caused many citizens of advanced countries to lose trust in national governments. More inside.

  • Blog

    OECD Praises, Pans Israel Anti-Corruption Efforts


    Israel still has a long way to go when it comes to combating the bribery of foreign public officials involving Israeli companies and individuals, according to the Organization for Economic Cooperation and Development. Out of 14 foreign bribery allegations, four are the subject of a formal investigation—three of which were ...

  • Blog

    OECD Roasts Iceland on Anti-Bribery Efforts


    The Organization for Economic Cooperation and Development’s Working Group on Bribery this week said it has “serious concerns” about Iceland’s lack of progress in both combating the bribery of foreign public officials. Out of 17 recommendations made by the Working Group in 2010, just two of the recommendations had been ...