OECD Study on the "flip side of corruption" to be published on December 11
Klaus Moosmayer
![Klaus Moosmayer]()
Klaus Moosmayer
Member of the Executive Committee and Chief Ethics, Risk and Compliance Officer of Novartis, Board Member of SwissHoldings and Business@OECD
The OECD will present on December 11 a new study on the "flip side of corruption", This study explores whether there is a "flip side" to enforcement actions that ended in sanctions for the supply-side of a foreign bribery transaction. It focuses on what happened on the receiving end of this transaction. That is to say, were the public officials in the demand-side country also sanctioned or otherwise disciplined?
Business@OECD has for years advocated to look also to the "demand side" of bribery as we can fight corruption only jointly and in a holistic way. As Chair of the Anti-Bribery Taskforce of Business@OECD (BIAC) I will speak at the OECD on December 11 and the OECD has published my following comments:
Member of the Executive Committee and Chief Ethics, Risk and Compliance Officer of Novartis, Board Member of SwissHoldings and Business@OECD
6 年Interacting with Drago Kos, Chair of the OECD Working Group on Bribery during the annual consultation of the Working Group with Business (BIAC) and representatives of several NGOs at the OECD Headquarter in Paris last week
Capacity Building Coach
6 年Those who receive are no less guiily than those who offer inducements - particularly in recipient governments, beneficiary agencies and funding institutions
Lead ESG Advisory
6 年A very interesting perspective immediately linked to "corporate compliance" - am convinced a lot of readers are interested in this OECD study on Tuesday, December 11.
Head of Compliance Controls and Legal / Responsable Conformité Contr?les et Juridique
6 年I wish you all the best for the 11th at the OECD !? having professionals to share their experience with Public Bodies is key to have the best adapted regulation