While anti-corruption and integrity standards are widely adopted, their effective implementation on the ground remains a persistent challenge. Businesses, as engines of innovation and economic growth, hold untapped potential to co-create practical solutions alongside governments that advance integrity in real-world settings. This session explores how public-private cooperation can bridge the gap between policy and practice, drawing on the success of the Galvanizing the Private Sector (GPS) initiative, now in its third year. Panellists will share concrete solutions emerging from GPS, including on public-private peer-to-peer learning, anti-corruption in infrastructure, supply chain integrity due diligence, and the use of tech for integrity.

Bribery solicitation remains a pervasive challenge in global markets, undermining fair competition and public trust. While the OECD Anti-Bribery Convention has historically focused on combating the supply side of foreign bribery, the 2021 OECD Anti-Bribery Recommendation introduced new provisions to address bribery solicitation, marking a significant step forward. This session will explore innovative strategies developed by governments, businesses, and civil society to tackle the demand side of corruption, including collective action initiatives and measures to reduce solicitation risks. Participants will discuss how enhanced cross-border collaboration and enforcement can help disrupt solicitation schemes while fostering greater accountability and fairness in international business. The session will also highlight the proactive role of companies in resisting solicitation, strengthening compliance programmes, and reporting corrupt practices. Tackling both the demand and supply sides of bribery is crucial to building a balanced and effective approach, ensuring systemic change and promoting integrity in global markets.

Corporate crimes such as bribery and procurement fraud involve complex, hidden schemes that challenge authorities, businesses, and civil society alike in their detection, investigation, and prevention. This session will explore how cutting-edge technologies—such as data analytics, digital forensics, and artificial intelligence—are driving transformation in enforcement, compliance, and oversight efforts. Participants will discuss how these tools can be leveraged in different ways by businesses and civil society to identify corruption risks, prevent or monitor irregularities, and generally promote greater transparency. The session will also underscore the importance of collaboration between enforcement authorities, the private sector, and civil society, showcasing how multi-stakeholder approaches and data-sharing frameworks can strengthen the global response to corruption. Ethical considerations and governance challenges, particularly with AI, will also feature in the discussion, offering insights into how innovation and collective action can create a more effective and accountable anti-corruption landscape.

De-risking, driven by high compliance costs, geopolitical uncertainty, and expanding sanctions, has led financial institutions to cut services in ‘high-risk’ areas, affecting vulnerable customers and aid delivery. This disrupts financing for sustainable development by hindering cross-border payments, remittances, and trade finance. It may also fuel ‘shadow economies,’ pushing transactions into informal channels and increasing illicit financial flow (IFF) risks. This session will bring together experts from the private sector, regulatory bodies, and donors to explore solutions. Discussions will draw on findings from an upcoming 2025 OECD report, highlighting innovative technologies for safer, faster, and more inclusive cross-border finance. Panellists will examine how cooperation, public-private partnerships, and strong political commitments can help mitigate de-risking and mobilise finance for sustainable development.