Ms. Angela Joo-Hyun Kang, Founder and Executive President of Global Competitiveness Empowerment Forum (GCEF) was invited as a speaker of the Business Integrity Roundtable <Business Integrity Trends and Standards> of 2021 OECD Global Anti-Corruption and Integrity Forum (GACIF) on March 24, 2021, jointly hosted by the Anti-Corruption Division, in cooperation with Trust in Business Network and Centre for Responsible Business Conduct of OECD.
Ms. Kang spoke about perspectives of both governments and companies are facing various risks, including how international standards in environmental, social and governance, such as corruption can be further improved and enforced both in OECD members and non-members.
• Event: Business Integrity Roundtable of 2021 OECD Global Anti-Corruption and Integrity Forum (GACIF)
• Title: <Business Integrity Trends and Standards>
• Type: Virtual online webinar
• Time: 11.30 – 13.00 (CET), Wednesday 24 March, 2021
Moderator: Mr. Nicola Bonucci, Partner, Paul Hastings
Keynote speech: Mr. Jeffrey Schlagenhauf, OECD Deputy Secretary-General
Mr. David Last, Principal Assistant Chief, FCPA Unit, Department of Justice, USA
Ms. Carolina Echevarria, Alliance of Integrity for Latin America
Mr. Willem Punt, ANZ Bank, Anti-Bribery Network, Australia
Ms. Angela Joo-Hyun Kang, Global Competitiveness Empowerment Forum (GCEF), South Korea
Ms. Florence Dennis, Division Manager (PIAC.1), Office of Integrity and Anti-Corruption (PIAC), African Development Bank
Mr. Sam Eastwood, Partner, Mayer Brown
• Registration: https://oecd-events.org/gacif2021
• Description: http://www.oecd.org/daf/anti-bribery/oecd-business-integrity-roundtable.htm
The adoption and enforcement of national anti-corruption laws, such as the US FCPA, UK Anti-Bribery Act, France’s Sapin II, assisted by the ongoing implementation of the OECD Anti-Bribery Convention through monitoring by the OECD Working Group on Bribery, was a key driving force for the rapid growth of anti-corruption compliance systems in companies within OECD jurisdictions and beyond. Some governments also supplemented enforcement by other efforts, such as codifying rules on compliance, creating reporting channels and remedies, as well as administrative reforms to simplify interactions with officials. Business integrity standards are evolving rapidly as a part of broader standards on responsible business conduct and beneficial ownership, with some of them are becoming mandatory. But many governments around the world have not developed clear policies on business integrity, for instance, by ensuring strong enforcement or providing incentives. Even in those countries, compliance by companies is also growing in response to market signals, such as due diligence and supply chain responsibility, and the private sector is demanding more integrity from the governments.