Since the 1990s, the Organization for Economic Cooperation and Development (OECD) has
pursued the issues of bribery and tax havens, resulting in changes to certain U.S. laws. In
addition, the OECD, under the direction of its member countries, spearheaded an international
agreement to outlaw crimes of bribery and it continues to coordinate efforts that are aimed at
reducing the occurrence of money laundering and corruption.