The OECD Fights Corruption on a Global Scale

Organization for Economic Cooperation and Development  pic

Organization for Economic Cooperation and Development
Image: oecd.org

Tax planning and consulting professional Michael Mundaca serves as the co-director of the National Tax Department and Americas Tax Center at EY in Washington, DC. Prior to his role as co-director, Michael Mundaca worked as the assistant secretary for tax policy at the US Treasury Department, where his responsibilities included representing America in fora such as the Organization for Economic Cooperation and Development (OECD).

The OECD is an international forum in which representatives from 35 countries work to promote policies that will improve the economic and social well-being of people around the world. Within its work, the OECD dedicates resources to a long list of core issues, one of which is anti-corruption.

To help reduce corruption and limit the impact that it has on the world’s economic health, the OECD adopted in 2009 a policy guarding against the bribery of foreign policy officials. All members of the OECD have officially agreed to abide by the terms of this anti-bribery policy, along with non-member nations including Argentina, South Africa, and Russia. By agreeing to comply with these new corruption-combating standards, all participants have been required to integrate corporate liability for bribery into their legal systems and pass domestic foreign bribery laws of their own.

Advertisements

Ernst & Young Named One of the Top Companies for Diversity

Ernst & Young pic

Ernst & Young
Image: ey.com

A graduate of the School of Law at the University of California at Berkeley, Michael Mundaca has previously held multiple positions with the US Treasury Department’s Office of Tax Policy in Washington, DC. Today, Michael Mundaca works as Co-Director of the National Tax Department and the Americas Tax Center for EY.

EY is a global professional services organization committed to building a better working world. This year, EY has earned accolades from several periodicals and organizations for being a quality employer. When DiversityInc Magazine published its list of the top 50 best workplaces for diversity in the United States, EY ranked in the top three.

Companies that earn recognition on DiversityInc Magazine’s annual list are surveyed on four areas of diversity management, which include leadership accountability, talent development, supplier diversity, and talent pipeline. The survey also measures the gender and racial diversity among company management and senior employees. Other factors taken into account include the prevalence of mentoring programs and the level of involvement that a company’s CEO has in promoting diversity within his or her organization.