OECD Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises
The Recommendation of the Council on Guidelines on Anti-Corruption and Integrity in State-Owned Enterprises is the first international instrument to offer the state, in its role as an enterprise owner, support in fighting corruption and promoting integrity in SOEs. The Guidelines can help states to ensure that owners exemplify integrity in their conduct, that ownership arrangements are conducive to integrity, that SOEs adhere to good practices at the SOE level and that accountability mechanisms are integral to SOE sectors. The Guidelines complement the goals of the OECD Guidelines on Corporate Governance of State-Owned Enterprises. They were adopted by OECD governments at the annual Ministerial Council Meeting on 22-23 May 2019.
The Guidelines were developed by the OECD Working Party on State Ownership and Privatisation Practices in co-operation with the Working Group on Bribery in International Business Transactions and the Working Party of Senior Public Integrity Officials. They have benefited from input received during a public consultation and from business and labour representatives, civil society, partner countries and other interested stakeholders.
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