The views expressed are personal and do not necessarily represent those of OECD or G20 Members

Fabrizio Pagani, OECD Secretariat3rd Compliance & Anti Money Laundering Seminar, Riyadh, Saudi Arabia

22-23 March 2011

International organisation with 34 Members, founded 50 years ago and based in Paris

It works with Members and emerging economies (China, Russia, Brazil, India, Indonesia, etc...) on a very broad range of economic and social policy areas

It provides economic analysis, facilitates policy dialogue and exchange of best practices, adopts international standards and principles

To enhance compliance there are a number of new tools under development:

Tools that aim to improve the effectiveness of enforcement by public authorities;

Tools that favour a co-operative approach to implementation between the public and private sectors.

Encouraging and protecting whistleblowing:◦ G20 Anticorruption Working Group: commitment to adopt

legislation by 2012◦ National legislations are developing tools to provide financial

incentives and individual protection (eg. The US Dodd Frank Act)

Guidelines for Tax authority experts :◦ Recommendation to Facilitate Co-operation between Tax and

Other Law Enforcement Authorities to Combat Serious Crimes◦ Money Laundering Awareness Handbook for Tax Examiners

and Tax Auditors ◦ The OECD Bribery Awareness Handbook for Tax Examiners

Handbook ◦  

A number of OECD instruments are based on the underlying principle of Public and Private Sector co-operating for common interests

◦ Good Practice Guidance◦ Principles for Transparency and Integrity in Lobbying◦ Work on « revolving door » policies

G20 encourages PPPs in the fight against corruption:◦ April conference at the OECD to discuss possible ways for

the private sector to contribute to the fight against corruption