All OECD articles – Page 2

  • Article

    More Cooperation, More Whistleblowing, More Prosecution


    Image: Title: Berland2015 may be the year when overseas regulators hit their stride in prosecuting companies for misconduct, as tactics get more sophisticated and investigations come to fruition. In the United States, enforcement stemming from whistleblowers will be at full speed and pressure to cooperate with prosecutors will be high. ...

  • Blog post

    OECD: France Still Lags on Anti-Bribery Efforts


    France still has several more improvements to make when it comes to combating the bribery of foreign public officials involving French companies, according to the Organization for Economic Cooperation and Development's follow-up report to its Phase 3 recommendations. Of the OECD’s 33 recommendations, the group deemed four to be fully ...

  • Blog post

    OECD Has ‘Grave Concerns’ with Argentina’s Anti-Bribery Efforts


    A report from the Organisation for Economic Co-operation and Development’s Working Group on Bribery says it has "grave concerns" about Argentina’s commitment to fight foreign bribery. Argentina has no law to punish companies for foreign bribery or prosecute individuals who commit the crime abroad, the report says. Delays plague economic ...

  • Blog post

    Study: Many Businesses Struggle With Anti-Corruption Controls


    Image: Dec. 10—Three years after the U.K. Bribery Act came into force, many businesses are still struggling to implement the procedures necessary to prevent corruption as expected by the Ministry of Justice. More than one-third of almost 3,000 anti-corruption controls assessed by GoodCorporation were graded as inadequate in a recent ...

  • Blog post

    OECD Report: Foreign Bribery Enforcement on the Decline


    A report from the Organization for Economic Co-operation and Development reveals that the number of sanctions against companies and individuals for the bribery of foreign government officials appears to be declining. According to the report, 42 foreign bribery cases concluded last year, significantly lower than the 78 foreign bribery cases ...

  • Blog post

    Companies Lack Transparency on Foreign Operations, Report Says


    The world’s largest companies don’t disclose much information about operations outside their home country and are often tight-lipped about anticorruption efforts, says a new report from Transparency International. The lack of granularity, it adds, will leave the largest oil, gas, and mining companies ill-prepared for forthcoming rules from the European ...

  • Blog post

    Brazil Gets Praise and a Push from OECD on Anti-Bribery Efforts


    Oct. 30—Brazil is getting both a pat on the back and a push forward from the Organisation for Economic Co-operation and Development regarding its anti-bribery efforts. OECD’s Working Group on Bribery said this week that Brazil “must build on the positive momentum” started with its new Corporate Liability Law and ...

  • Blog post

    Few Countries Make Good on OECD Anti-Bribery Pledge


    Oct. 23—Despite a 15-year-old promise to do so, many of the world’s leading economies are failing to do enough to prevent corruption and bribery. The Organization for Economic Co-operation and Development’s Anti-Bribery Convention, adopted in 1997, was a pledge by 41 countries to make foreign bribery a crime. Years later, ...