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“Defeating corruption—and thus immeasurably
improving the lives of citizens—can only be achieved
through re-energized collaboration between, and
commitment of, leaders from both the public and
private sectors. Both sectors require transparent,
consistent and robust anti-corruption measures, and
effective internal controls that are critical to good
governance and holding officials accountable. A
greater focus on strong governance and compliance
structures will help cultivate self-reporting cultures
that empower individuals to do the right thing.”
Olivia F. Kirtley
President, International Federation of Accountants
The Organization on Economic Co-operation &
Development (OECD) hosted a ministerial meeting
on the Anti-Bribery Convention in Paris last March
16, 2016. Some 42 state representatives together
with other heads of international organizations and
leaders from the private sector and civil society
were in attendance. The deliberations focused on
the following :
•
Whistleblower protection and facilitating
voluntary disclosure;
•
International cooperation; and
•
Anti-corruption compliance.
The OECD has a Working Group on Bribery in
International Business Transactions and the Anti-
Bribery Convention has been in place for 17 years.
The Working Group has been leading the monitoring
and promoting the full implementation of the Anti-
Bribery Convention.
The state parties to the Convention collectively
A GLOBAL CALL TO
FIGHT CORRUPTION
By CONCHITA L. MANABAT, President of the Development Center for Finance and a Trustee of the FINEX Development
& Research Founda!on. A past Chair of Interna!onal Associa!on of Financial Execu!ves Ins!tutes (IAFEI), she now
serves as the Chairperson of the Advisory Council of the said organiza!on. She is also a member of the Advisory Group
of the Interna!onal Ethics Standards Board for Accountants. Ar!cle as of July 2016
PHILIPPINES
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