CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Argentina must seize chance to fight corruption
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Argentina must seize chance to fight corruption PDF Print E-mail
Thursday, 28 April 2016
The OECD Working Group on Bribery in International Transactions has repeatedly over 15 years urged Argentina to strengthen its efforts to fight corruption and foreign bribery. During that time, the Working Group has recommended that Argentina change its laws to hold companies liable for corruption and to extend jurisdiction to Argentines who commit foreign bribery overseas. It has also urged the country to make its enforcement efforts more effective, particularly by strengthening judicial and prosecutorial independence, and eliminating delays in criminal proceedings. 

On 26-27 April 2016, a high-level Working Group mission arrived in Buenos Aires to discuss these pressing issues with senior Argentine officials from the Ministry of Justice and Human Rights, the Anti-Corruption Office, Ministry of Foreign Affairs and Worship, federal judiciary, and representatives of the Argentine congress.

“Argentina right now has a good opportunity to enact fundamental and far-reaching reforms to strengthen its fight against corruption and foreign bribery,” says Drago Kos, Chair of the Working Group on Bribery. “The package of legislative reforms and the Justicia 2020 plan announced by President Macri’s government has the potential to address the Working Group’s recommendations that have been outstanding for over a decade. By working together and promptly enacting these reforms, the Argentine government and Congress can demonstrate to its citizens and foreign investors alike that this country has the necessary political will to eradicate corruption.”

The Working Group on Bribery – made up of the 34 OECD Member countries plus Argentina, Brazil, Bulgaria, Colombia, Latvia, Russia and South Africa – is the Conference of Parties to the OECD Anti-Bribery Convention. The Working Group’s Phase 3 Evaluation Report of Argentina (available here) expressed grave concerns about Argentina’s commitment to fight foreign bribery and how little progress Argentina had made since previous evaluations. The Working Group accordingly decided to send a high-level mission to Argentina to meet Ministers and senior officials, and to further engage with the Argentine authorities in order that they take the necessary steps to implement the Convention. The Working Group will also conduct a supplemental Phase 3bis evaluation of Argentina by March 2017 which will include an on-site visit to Buenos Aires in October 2016.
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197