Achievements
During 2007 and with the support of the APEC
Business Advisory Council, the ACT developed codes of conduct for the
private sector with the aim of improving corporate governance. And in
conjunction with this the ACT has been investigating how to inject the issue
with law enforcement mechanisms.
To this end, on 22 June 2007 the ACT held a workshop titled, "Building
Integrity in the Private and Public Sectors - Implementing APEC's Anti-Bribery
Principles." A range of experts specializing in the implementation of
codes of conduct in the public and private sectors gave presentations on their
experiences and lessons learned. The purpose of the workshop was to discuss the
implementation of APEC's anti-bribery principles and to formulate best practices
for the private sector.
This year the ACT has made concrete progress on finalizing its deliverables that
were adopted and approved at meetings of APEC Leaders and Ministers in Sydney in
late September. They endorsed:
As part of the Capacity Building workplan Thailand held an APEC workshop on
Combating Corruption Related to Money Laundering in Bangkok, from 20-22 August
2007. The workshop aimed to bring the nexus between money laundering and
corruption to the forefront of understanding among officials and the public. And
through a study of (1) international instruments and legal obligation; (2)
preventive measures and practical application; (3) best practice and case
studies, aims to clarify a minimum level of standards for implementation by
member economies. The summary of the workshop will be presented at the next 6th
ACT Plenary.
